Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

Tiburon, California Bank Loan

 

 
Loan Census SBA Loan Info

Union Bank Of California Provides SBA Loan to Buy Mr. Handyman Franchise

Borrowing money to invest in a Mr. Handyman franchise? Union Bank Of California has a history of making these loans and they are guaranteed by the SBA.

Mr. Handyman franchise loans are available to Tiburon, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Union Bank Of California, based in San Bernardino, California, issued an SBA franchise loan for a Mr. Handyman franchise in 2002. We've got all the details on this California small business loan.

SBA Loan Borrower

MR HANDYMAN
TIBURON, CA 94920

SBA Loan Lender

UNION BANK OF CALIFORNIA
140 S ARROWHEAD
SAN BERNARDINO, CA 92408

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561790 - Services to Buildings and Dwellings

Loan Approval Date

3/21/2002

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mr. Handyman franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the borrowed money would help create 10 new jobs.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We've showcased information on this loan to let you know that businesses like yours 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:

Mr. Handyman

Angel Investors

SBA Banks in San Bernardino, California

SBA Participating Banks in California