Loan to Buy Benjamin Franklin Certified Plumbing Franchise Issued By Community Bank Of Nevada

Need a loan to invest in a Benjamin Franklin Certified Plumbing franchise? Community Bank Of Nevada has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Benjamin Franklin Certified Plumbing franchise? If so, here's a 2006 SBA franchise loan that you should know about. Community Bank Of Nevada was the lender and the entrepreneur was based in Chandler, Arizona.

SBA Loan Borrower

STAMPEDE ENTERPRISES LLC AN EP
CHANDLER, AZ 85225

SBA Loan Lender

COMMUNITY BANK OF NEVADA
400 S 4TH ST, STE 215
LAS VEGAS, NV 89101

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

4/26/2006

Loan Approval Gross Amount

$346,500

Loan Approval from the SBA

Of the total $346,500 loan amount, the SBA guaranteed $259,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Benjamin Franklin Certified Plumbing franchise. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower indicated that the loan would help retain 9 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We can help you find the best banks for small businesses in Chandler or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Benjamin Franklin Plumbing

Business Line of Credit

SBA Banks in Las Vegas, Nevada

Nevada SBA Banks