Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

I Need a Small Business Loan to Buy a Franchise in Banks, Oregon

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Geeks On Call Franchise

Borrowing money to invest in a Geeks On Call franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Geeks On Call franchise? If so, here's a 2007 SBA franchise loan that you should know about. U.S. Bank National Association was the lender and the entrepreneur was based in Banks, Oregon.

SBA Loan Borrower

NW IT GEEKS CORPORATION
BANKS, OR 97106

SBA Loan Lender

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

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

519190 - Information Services

Loan Approval Date

5/10/2007

Loan Approval Gross Amount

$39,000

Loan Approval from the SBA

Of the total $39,000 loan amount, the SBA guaranteed $19,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Geeks On Call franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

Geeks On Call

Choosing VC Firms

Best Banks in Cincinnati, Ohio

Find an SBA Lender in Ohio