Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

SBA Franchise Lenders in California

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Foot Solutions Franchise

Need a loan to invest in a Foot Solutions franchise? Valley Community Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Foot Solutions franchise shouldn't be too tough. In 2004, Valley Community Bank issued an SBA franchise loan to an entrepreneur in Alamo, California. Because Foot Solutions was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

FOOT SOLUTIONS-ALAMO
ALAMO, CA 94507

SBA Loan Lender

VALLEY COMMUNITY BANK
465 MAIN ST
PLEASANTON, CA 94566

This lender provides SBA debt financing 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

448210 - Shoe Stores

Loan Approval Date

10/8/2004

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Foot Solutions franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the funding would help generate 4 new jobs.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Valley Community Bank and they will explain how you can get an SBA loan for your company.

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:

Foot Solutions

Raising VC Money for Social Networking Companies

Small Business Banks in Pleasanton, California

California SBA 7A Banks