Regions Bank Provides SBA Loan to Buy Woodcraft Franchise Corporation Franchise

Need money to invest in a Woodcraft Franchise Corporation franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.

Woodcraft Franchise Corporation franchise loans are available to Franklin, Tennessee entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Regions Bank, based in Montgomery, Alabama, issued an SBA franchise loan for a Woodcraft Franchise Corporation franchise in 2003. We've got all the details on this Tennessee small business loan.

SBA Loan Borrower

SAPP'S WORLD OF WOOD LLC
FRANKLIN, TN 37027

SBA Loan Lender

REGIONS BANK
1751 CONGRESSMAN DICKINSON DR
MONTGOMERY, AL 36109

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

452990 - General Merchandise Stores

Loan Approval Date

8/14/2003

Loan Approval Gross Amount

$349,000

Loan Approval from the SBA

Of the total $349,000 loan amount, the SBA guaranteed $261,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Woodcraft Franchise Corporation franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 2 existing jobs.

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

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $349,000 loan. Remember, you control your own destiny.

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:

Getting a Small Business Loan

SBA 7A Lenders in Montgomery, Alabama

SBA Alabama Lenders