Loan to Buy Celsius Tannery Franchise Issued By U.S. Bank National Association
Borrowing money to buy a Celsius Tannery franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Blue Springs, Missouri needed money to invest in a Celsius Tannery franchise back in 2005. U.S. Bank National Association issued an SBA franchise loan. Here are the details on this Missouri small business loan.
SBA Loan Borrower
CELSIUS TANNERY
BLUE SPRINGS, MO 64014
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
9918 HIBERT ST, STE 100
SAN DIEGO, CA 92131
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7299 - Personal Services
NAICS Code
812199 - Personal Care Services
Loan Approval Date
1/12/2005
Loan Approval Gross Amount
$630,000
Loan Approval from the SBA
Of the total $630,000 loan amount, the SBA guaranteed $472,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Celsius Tannery franchise. At the time of the loan, the company
had 12 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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.
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Getting an SBA Loan in California