Loan Census Banking News and Information
December 22, 2024  
 
 
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Advice for Financing a Franchise

 

 
Loan Census SBA Loan Info

Loan to Buy Ace Hardware Franchise Issued By Pacific Western Bank

Need a loan to invest in an Ace Hardware franchise? Pacific Western Bank has a history of making these loans and they are guaranteed by the SBA.

Ace Hardware franchise loans are available to Benicia, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pacific Western Bank, based in Escondido, California, issued an SBA franchise loan for an Ace Hardware franchise in 2001. We've got all the details on this California small business loan.

SBA Loan Borrower

SUISUN ACE HARDWARE
BENICIA, CA 94510

SBA Loan Lender

PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444130 - Hardware Stores

Loan Approval Date

8/28/2001

Loan Approval Gross Amount

$577,100

Loan Approval from the SBA

Of the total $577,100 loan amount, the SBA guaranteed $432,825.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Ace Hardware franchise. At the time of the loan, the company had 19 employees. The SBA loan documents indicated that the loan would help retain 19 existing jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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:

ACE Hardware

Bank Credit Lines

Small Bank Loans in Escondido, California

SBA Lenders in California