Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

U.S. Bank National Association SBA 7A Franchise Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Celsius Tannery Franchise Issued By U.S. Bank National Association

Borrowing money to buy a Celsius Tannery franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Blue Springs, Missouri needed money to invest in a Celsius Tannery franchise back in 2005. U.S. Bank National Association issued an SBA franchise loan. Here are the details on this Missouri small business loan.

SBA Loan Borrower

CELSIUS TANNERY
BLUE SPRINGS, MO 64014

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
9918 HIBERT ST, STE 100
SAN DIEGO, CA 92131

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7299 - Personal Services

NAICS Code

812199 - Personal Care Services

Loan Approval Date

1/12/2005

Loan Approval Gross Amount

$630,000

Loan Approval from the SBA

Of the total $630,000 loan amount, the SBA guaranteed $472,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Celsius Tannery franchise. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

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

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Celsius Tannery

Microlending as a Small Business Funding Source

Who Lends Money to Small Businesses in San Diego, California

Getting an SBA Loan in California