Rocklin, CA Entrepreneur Gets SBA Loan to Buy Martinizing Dry Cleaning Franchise

Need money to purchase a Martinizing Dry Cleaning franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Rocklin, California needed money to invest in a Martinizing Dry Cleaning franchise back in 2006. U.S. Bank National Association issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

MARTINIZING DRY CLEANING
ROCKLIN, CA 95765

SBA Loan Lender

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

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812320 - Drycleaning and Laundry Services

Loan Approval Date

2/7/2006

Loan Approval Gross Amount

$327,300

Loan Approval from the SBA

Of the total $327,300 loan amount, the SBA guaranteed $245,475.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Martinizing Dry Cleaning franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the borrowed money would help create 3 new jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Rocklin CA, you ought to talk with a local Rocklin SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rocklin businesses.

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 $327,300 loan. Remember, anyone can do it... so why not you?

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.

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