Loan to Buy Days Inn Franchise Issued By U.S. Bank National Association

Need a loan to invest in a Days Inn franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

Days Inn franchise loans are available to Ocean Shores, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, U.S. Bank National Association, based in Cincinnati, Ohio, issued an SBA franchise loan for a Days Inn franchise in 2000. We've got all the details on this Washington small business loan.

SBA Loan Borrower

OCEAN SHORES DAYS INN
OCEAN SHORES, WA 98569

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This lender provides SBA guaranteed bank 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.

SIC Code

7011 - Hotels and Motels

NAICS Code

721110 - Hotels and Motels

Loan Approval Date

5/11/2000

Loan Approval Gross Amount

$1,309,000

Loan Approval from the SBA

Of the total $1,309,000 loan amount, the SBA guaranteed $749,991.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Days Inn franchise. At the time of the loan, the company had 14 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 11 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Ocean Shores 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.

Related Links:

Days Inn Worldwide Inc.

Realistic Debt Financing Options

Small Business Banks in Cincinnati, Ohio

Ohio SBA 7A Banks