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April 19, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Redding, Business Loans > North Valley Bank Redding Business Loans > Vincent R And Teri R Ujdur Loan | ||||
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Small Business Banks for Redding, California Business Owners
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California Entrepreneur Secures Financing to Buy Thrifty Rent-A-Car FranchiseBorrowing money to purchase a Thrifty Rent-A-Car franchise? North Valley Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Thrifty Rent-A-Car franchise is doable. In 2003, North Valley Bank issued an SBA franchise loan to an entrepreneur in Redding, California. Because Thrifty Rent-A-Car was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis. SBA Loan Borrower VINCENT R AND TERI R UJDUR SBA Loan Lender NORTH VALLEY BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441120 - Used Car Dealers Loan Approval Date 4/30/2003 Loan Approval Gross Amount $625,000 Loan Approval from the SBA Of the total $625,000 loan amount, the SBA guaranteed $468,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Thrifty Rent-A-Car franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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 $625,000 loan. Remember, things become real when you believe you can achieve them! 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: SBA Banks in Redding, California
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