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April 26, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Roseville, Business Loans > Umpqua Bank Roseville Business Loans > Roto Rooter Loan | ||||
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Tips for Financing a Franchise
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Eureka, CA Entrepreneur Gets SBA Loan to Buy Roto Rooter FranchiseNeed a loan to buy a Roto Rooter franchise? Umpqua Bank has a history of making these loans and they are guaranteed by the SBA. Roto Rooter franchise loans are available to Eureka, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Umpqua Bank, based in Roseville, California, issued an SBA franchise loan for a Roto Rooter franchise in 2003. We've got all the details on this California small business loan. SBA Loan Borrower ROTO ROOTER SBA Loan Lender UMPQUA BANK 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 238220 - Plumbing, Heating, and Air-Conditioning Contractors Loan Approval Date 12/2/2003 Loan Approval Gross Amount $354,000 Loan Approval from the SBA Of the total $354,000 loan amount, the SBA guaranteed $265,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Roto Rooter franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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 Banks for Roseville, California Loans
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