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April 29, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Larry's True Value Hardware & Loan | ||||
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Business Loans for Richmond Businesses
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Missouri Entrepreneur Secures Financing to Buy True Value Hardware FranchiseNeed money to buy a True Value Hardware franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Richmond, Missouri needed money to invest in a True Value Hardware franchise back in 2007. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this Missouri small business loan. SBA Loan Borrower LARRY'S TRUE VALUE HARDWARE & SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444130 - Hardware Stores Loan Approval Date 4/10/2007 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a True Value Hardware franchise. At the time of the loan, the company had 12 employees. This SBA loan request indicated that the loan would help generate 12 new jobs. Start the Process for Getting an SBA Loan Today! If you need money to start business in Richmond MO, you ought to talk with a local Richmond SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Richmond businesses. We can help you find the best banks for small businesses in Richmond 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: Accountant's Role in Securing Financing SBA 7A Banks for Livingston, New Jersey Loans
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