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April 24, 2024  
 
 
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I Need a Small Business Loan to Buy a Franchise in Renton, Washington

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Play It Again Sports retail Sports Franchise

Need money to purchase a Play It Again Sports retail Sports franchise? Boeing Empl Cu has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Play It Again Sports retail Sports franchise is doable. In 2005, Boeing Empl Cu issued an SBA franchise loan to an entrepreneur in Renton, Washington. Because Play It Again Sports retail Sports was registered with the SBA's registry of franchises, this Washington small business loan was issued on an expedited basis.

SBA Loan Borrower

PLAY IT AGAIN SPORTS
RENTON, WA 98055

SBA Loan Lender

BOEING EMPL CU
12770 GATEWAY DR
TUKWILA, WA 98168

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

5/24/2005

Loan Approval Gross Amount

$220,000

Loan Approval from the SBA

Of the total $220,000 loan amount, the SBA guaranteed $165,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Play It Again Sports retail Sports franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to add employees or retain any existing employees.

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

SBA loans provide money to small business owners for working capital for other expenses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Play It Again Sports

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Best Banks for Small Business in Tukwila, Washington

SBA Washington Lenders