Loan to Buy Taco John's Franchise Issued By Mcfarland State Bank

Need money to invest in a Taco John's franchise? Mcfarland State Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Taco John's franchise? If so, here's a 2005 SBA franchise loan that you should know about. Mcfarland State Bank was the lender and the entrepreneur was based in Stoughton, Wisconsin.

SBA Loan Borrower

TACO JOHN'S
STOUGHTON, WI 53589

SBA Loan Lender

MCFARLAND STATE BANK
5990 HWY 51
MCFARLAND, WI 53558

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/3/2005

Loan Approval Gross Amount

$1,200,000

Loan Approval from the SBA

Of the total $1,200,000 loan amount, the SBA guaranteed $900,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Taco John's franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,200,000 loan. Remember, fight for what you want, and it will be yours!

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Taco John's International

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SBA Approved Banks in Mcfarland, Wisconsin

Where to Get an SBA Loan Wisconsin