Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Raising Money in Middletown, Ohio With SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Super Wash Franchise Issued By Temecula Valley Bank

Need a loan to buy a Super Wash franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.

Super Wash franchise loans are available to Middletown, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Temecula Valley Bank, based in Temecula, California, issued an SBA franchise loan for a Super Wash franchise in 2003. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

MIDDLETOWN SUPER WASH
MIDDLETOWN, OH 45044

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending history and are well trained in SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7542 - Carwashes

NAICS Code

811192 - Car Washes

Loan Approval Date

1/8/2003

Loan Approval Gross Amount

$639,000

Loan Approval from the SBA

Of the total $639,000 loan amount, the SBA guaranteed $479,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Super Wash franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

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 $639,000 loan. Remember, fight for what you want, and it will be yours!

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:

Super Wash, Inc.

Advice on Getting a Small Business Loan

Good Banks for Small Business in Temecula, California

Where to Get an SBA Loan California