George Frandsen, founder of the Poozeum—the world’s largest museum dedicated to fossilized feces, or coprolites—has secured permanent ownership of his Williams, Arizona location with the help of an SBA 504 loan. After building his business in a leased historic property near the Grand Canyon, Frandsen faced the risk of losing the space if he couldn’t reach a purchase agreement with the owner.
Determined to protect the future of the museum, Frandsen ultimately acquired the building for $615,000. New to commercial financing, he explored SBA options and was introduced to the SBA 504 program, which enables small business owners to purchase owner-occupied real estate with lower down payments and long-term, fixed-rate financing.
Frandsen partnered with TMC Financing and Senior Vice President Geoff McGivern to structure the project. The loan required just a 10% down payment, and monthly payments came in only slightly higher than his previous lease—making the transition to ownership both feasible and strategic.
With the purchase complete, Frandsen has secured long-term stability for the Poozeum, which draws visitors from around the world and offers free admission supported by retail sales. Ownership also allows him to build equity while preserving flexibility for future growth, including the option to lease or sell the property down the line.