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November 15, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Washington, Business Loans > Natl Consumer Cooperative Washington Business Loans > True Value Hardware Loan | ||||
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Carson City, Nevada Bank Loan
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Carson City, NV Entrepreneur Gets SBA Loan to Buy True Value Hardware FranchiseNeed money to purchase a True Value Hardware franchise? Natl Consumer Cooperative has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a True Value Hardware franchise is doable. In 2005, Natl Consumer Cooperative issued an SBA franchise loan to an entrepreneur in Carson City, Nevada. Because True Value Hardware was registered with the SBA's registry of franchises, this Nevada small business loan was issued on an expedited basis. SBA Loan Borrower TRUE VALUE HARDWARE SBA Loan Lender NATL CONSUMER COOPERATIVE SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444130 - Hardware Stores Loan Approval Date 12/21/2005 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a True Value Hardware franchise. At the time of the loan, the company had 18 employees. The loan application did not indicate that the small business 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. We can help you find the best banks for small businesses in Carson City or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA Participating Banks in Washington, District of Columbia SBA Lenders in District of Columbia
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