Borrow Money to Buy an Aaron's Sales & Lease Ownership Franchise

Borrowing money to invest in an Aaron's Sales & Lease Ownership franchise? Security Pacific Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Aaron's Sales & Lease Ownership franchise? If so, here's a 2008 SBA franchise loan that you should know about. Security Pacific Bank was the lender and the entrepreneur was based in Lodi, California.

SBA Loan Borrower

AARON'S SALES AND LEASE
LODI, CA 95240

SBA Loan Lender

SECURITY PACIFIC BANK
12121 WILSHIRE BLVD, STE 1350
LOS ANGELES, CA 90025

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

532210 - Consumer Electronics and Appliances Rental

Loan Approval Date

1/8/2008

Loan Approval Gross Amount

$709,000

Loan Approval from the SBA

Of the total $709,000 loan amount, the SBA guaranteed $531,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Aaron's Sales & Lease Ownership franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

If you need business start up money in Lodi CA, you ought to talk with a local Lodi SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lodi businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Aaron's Sales & Leasing

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