Lafayette Ambassador Bank Provides SBA Loan to Buy Homewatch International Franchise

Need a loan to purchase a Homewatch International franchise? Lafayette Ambassador Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Homewatch International franchise? If so, here's a 2004 SBA franchise loan that you should know about. Lafayette Ambassador Bank was the lender and the entrepreneur was based in Bethlehem, Pennsylvania.

SBA Loan Borrower

HOMEWATCH CAREGIVERS
BETHLEHEM, PA 18017

SBA Loan Lender

LAFAYETTE AMBASSADOR BANK
360 NORTHAMPTON ST
EASTON, PA 18020

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624190 - Individual and Family Services

Loan Approval Date

9/1/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Homewatch International franchise. At the time of the loan, the company had 36 employees. The SBA loan documents did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $50,000 loan. Remember, fight for what you want, and it will be yours!

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:

Homewatch Caregivers

The Friends and Family Network

Who Lends Money to Small Businesses in Easton, Pennsylvania

Getting an SBA Loan in Pennsylvania