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April 23, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Alameda, Business Loans > Bank Of Alameda Alameda Business Loans > M & T Benner, Inc. Loan | ||||
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Best Banks for Franchise Loans in California
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Borrow Money to Buy a Certa Propainters FranchiseNeed a loan to buy a Certa Propainters franchise? Bank Of Alameda has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Concord, California needed money to invest in a Certa Propainters franchise back in 2004. Bank Of Alameda issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower M & T BENNER, INC. SBA Loan Lender BANK OF ALAMEDA This small business 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. NAICS Code 238320 - Painting and Wall Covering Contractors Loan Approval Date 9/30/2004 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $68,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Certa Propainters franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: A Company That Helps Entrepreneurs Find an SBA Lender in California
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