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April 29, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Truckee, Business Loans > Bank Of The West Truckee Business Loans > Pinch-A-Penny #80 Loan | ||||
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Where Can I Find Franchise Loans in Dunn Avenue, Florida?
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Borrow Money to Buy a Pinch-A-Penny FranchiseNeed a loan to purchase a Pinch-A-Penny franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Dunn Avenue, Florida needed money to invest in a Pinch-A-Penny franchise back in 2001. Bank Of The West issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower PINCH-A-PENNY #80 SBA Loan Lender BANK OF THE WEST This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - Store Retailers Loan Approval Date 11/19/2001 Loan Approval Gross Amount $208,000 Loan Approval from the SBA Of the total $208,000 loan amount, the SBA guaranteed $156,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Pinch-A-Penny franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The West and they will explain how you can get an SBA loan for your company. 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: SBA 7A Lenders in Truckee, California
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