California Entrepreneur Secures Financing to Buy Color Me Mine Franchising, Inc Franchise

Need a loan to invest in a Color Me Mine Franchising, Inc franchise? Umpqua Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Color Me Mine Franchising, Inc franchise shouldn't be too tough. In 2004, Umpqua Bank issued an SBA franchise loan to an entrepreneur in Yuba City, California. Because Color Me Mine Franchising, Inc was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

COLOR ME MINE
YUBA CITY, CA 95991

SBA Loan Lender

UMPQUA BANK
445 SE MAIN ST
ROSEBURG, OR 97470

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

541430 - Graphic Design Services

Loan Approval Date

8/31/2004

Loan Approval Gross Amount

$117,300

Loan Approval from the SBA

Of the total $117,300 loan amount, the SBA guaranteed $99,705.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Color Me Mine Franchising, Inc franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

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

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $117,300. How would you spend $117,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Color Me Mine Enterprises

Financing Your Business

Banks in Roseburg, Oregon

Where to Get an SBA Loan Oregon