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May 12, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Planet Beach Of Colorado Loan | ||||
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Parker, Colorado Bank Loan
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Parker, CO Entrepreneur Gets SBA Loan to Buy Planet Beach FranchiseNeed money to invest in a Planet Beach franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Planet Beach franchise? If so, here's a 2004 SBA franchise loan that you should know about. U.S. Bank National Association was the lender and the entrepreneur was based in Parker, Colorado. SBA Loan Borrower PLANET BEACH OF COLORADO SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This small business 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 812199 - Personal Care Services Loan Approval Date 5/25/2004 Loan Approval Gross Amount $188,900 Loan Approval from the SBA Of the total $188,900 loan amount, the SBA guaranteed $141,675. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Planet Beach franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like U.S. Bank National Association that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Role of Business Plan When Raising Money
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