Merced, CA Entrepreneur Gets SBA Loan to Buy Nationwide Floor & Window Coverings Franchise

Borrowing money to buy a Nationwide Floor & Window Coverings franchise? Premier Valley Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Merced, California and are interested in buying a Nationwide Floor & Window Coverings franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Premier Valley Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

NATIONWIDE FLOOR & WINDOW COVE
MERCED, CA 95348

SBA Loan Lender

PREMIER VALLEY BANK
8355 N FRESNO ST, STE 180
FRESNO, CA 93720

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442210 - Floor Covering Stores

Loan Approval Date

2/16/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Nationwide Floor & Window Coverings franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 1 existing job.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Merced or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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