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May 3, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Country Inn & Suites Loan | ||||
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SBA 7A Banks in Ohio
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Borrow Money to Buy a Country Inn FranchiseNeed a loan to buy a Country Inn franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Beavercreek, Ohio and are interested in buying a Country Inn franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Temecula Valley Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower COUNTRY INN & SUITES SBA Loan Lender TEMECULA VALLEY BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7011 - Hotels and Motels NAICS Code 721110 - Hotels and Motels Loan Approval Date 12/2/2003 Loan Approval Gross Amount $1,433,000 Loan Approval from the SBA Of the total $1,433,000 loan amount, the SBA guaranteed $999,947. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Country Inn franchise. At the time of the loan, the company had 15 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours 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: Family and Friend Investors - Your First Financiers Who Lends Money to Small Businesses in Temecula, California
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