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December 22, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Sturgeon Bay, Business Loans > Baylake Bank Sturgeon Bay Business Loans > Culvers Of Waupaca Loan | ||||
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Waupaca, Wisconsin Bank Loan
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Baylake Bank Provides SBA Loan to Buy Culver's Frozen Custard FranchiseNeed money to buy a Culver's Frozen Custard franchise? Baylake Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Waupaca, Wisconsin needed money to invest in a Culver's Frozen Custard franchise back in 2003. Baylake Bank issued an SBA franchise loan. Here are the details on this Wisconsin small business loan. SBA Loan Borrower CULVERS OF WAUPACA SBA Loan Lender BAYLAKE BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. 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 4/11/2003 Loan Approval Gross Amount $365,000 Loan Approval from the SBA Of the total $365,000 loan amount, the SBA guaranteed $273,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Culver's Frozen Custard franchise. At the time of the loan, the company had 30 employees. The SBA loan documents did not indicate that the small business planned to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you are wondering how to raise money for a business in Waupaca WI, you ought to talk with a local Waupaca SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Waupaca businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA 7A Lenders in Sturgeon Bay, Wisconsin
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