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April 28, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Irving, Business Loans > Citicapital Small Business Finance Irving Business Loans > Certa Pro Painters Loan | ||||
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Raising Money in Marrero, Louisiana With SBA Loans
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Citicapital Small Business Finance Provides SBA Loan to Buy Certa Propainters FranchiseNeed money to invest in a Certa Propainters franchise? Citicapital Small Business Finance has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Marrero, Louisiana needed money to invest in a Certa Propainters franchise back in 2000. Citicapital Small Business Finance issued an SBA franchise loan. Here are the details on this Louisiana small business loan. SBA Loan Borrower CERTA PRO PAINTERS SBA Loan Lender CITICAPITAL SMALL BUSINESS FINANCE This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1721 - Painting and Paper Hanging NAICS Code 235210 - Painting and Wall Covering Loan Approval Date 9/11/2000 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $32,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Certa Propainters franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. 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 $40,000 loan. Remember, feel the fear, and do it anyway. 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: Best Irving, Texas Banks for Small Business
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