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May 1, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Bradenton, Business Loans > Community Bank Of Manatee Bradenton Business Loans > Great Clips Loan | ||||
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Tips for Financing a Franchise
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Tampa, FL Entrepreneur Gets SBA Loan to Buy Great Clips FranchiseNeed a loan to buy a Great Clips franchise? Community Bank Of Manatee has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Great Clips franchise shouldn't be too tough. In 2004, Community Bank Of Manatee issued an SBA franchise loan to an entrepreneur in Tampa, Florida. Because Great Clips was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower GREAT CLIPS SBA Loan Lender COMMUNITY BANK OF MANATEE As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812111 - Barber Shops Loan Approval Date 1/22/2004 Loan Approval Gross Amount $145,000 Loan Approval from the SBA Of the total $145,000 loan amount, the SBA guaranteed $108,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Great Clips franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the funding would help generate 10 new jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding. This SBA loan was for $145,000. How would you spend $145,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Small Business Banks in Bradenton, Florida
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