Sun Prairie, WI Entrepreneur Gets SBA Loan to Buy Five & Diner Franchise Franchise

Need money to buy a Five & Diner Franchise franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Sun Prairie, Wisconsin needed money to invest in a Five & Diner Franchise franchise back in 2005. U.S. Bank National Association issued an SBA franchise loan. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

MCLAUGHLIN FAMILY INC
SUN PRAIRIE, WI 53590

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/27/2005

Loan Approval Gross Amount

$1,130,500

Loan Approval from the SBA

Of the total $1,130,500 loan amount, the SBA guaranteed $847,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Five & Diner Franchise franchise. At the time of the loan, the company had 45 employees. This SBA loan request indicated that the loan would help generate 45 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,130,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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