Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Best Banks for Franchise Loans in Washington

 

 
Loan Census SBA Loan Info

Loan to Buy Pick-Em Up Truck Store Franchise Issued By Keybank National Association

Need a loan to invest in a Pick-Em Up Truck Store franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Pick-Em Up Truck Store franchise? If so, here's a 2002 SBA franchise loan that you should know about. Keybank National Association was the lender and the entrepreneur was based in Arlington, Washington.

SBA Loan Borrower

PICKUPS PLUS
ARLINGTON, WA 98223

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

441310 - Automotive Parts and Accessories Stores

Loan Approval Date

1/10/2002

Loan Approval Gross Amount

$146,300

Loan Approval from the SBA

Of the total $146,300 loan amount, the SBA guaranteed $73,150.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pick-Em Up Truck Store franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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 Credit Cards

SBA 7A Banks for Cleveland, Ohio Loans

Browse All Business Loan Sources for Ohio