Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

Where to Get an SBA Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Weedman Franchise

Need a loan to invest in a Weedman franchise? Capital One has a history of making these loans and they are guaranteed by the SBA.

If you live near Tigard, Oregon and are interested in buying a Weedman franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Capital One. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

VANDERBURG CORPORATION DBA WEE
TIGARD, OR 97224

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

4/4/2005

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Weedman franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Tigard 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:

Weed Man

The Friends and Family Network

SBA 7A Banks for Mclean, Virginia Loans

Virginia SBA Banks