Loan to Buy Signs By Tomorrow Franchise Issued By Park Bank
Need a loan to purchase a Signs By Tomorrow franchise? Park Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Signs By Tomorrow franchise? If so, here's a 2000 SBA franchise loan that you should know about. Park Bank was the lender and the entrepreneur was based in West Allis, Wisconsin.
SBA Loan Borrower
SIGNS BY TOMORROW
WEST ALLIS, WI 53227
SBA Loan Lender
PARK BANK
330 E KILBOURN AVE
MILWAUKEE, WI 53202
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
2399 - Fabricated Textile Products
Loan Approval Date
4/20/2000
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $20,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Signs By Tomorrow franchise. At the time of the loan, the company
had 6 employees. The SBA loan documents indicated that the loan would help create 1 new job.
Next Steps for Getting an SBA Loan
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
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 $40,000 loan. Remember, if it to be, it is up to me!
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:
Signs By Tomorrow
How to Raise Money
Small Bank Loans in Milwaukee, Wisconsin
SBA Wisconsin Banks