Borrow Money to Buy an Equity Remodel Inc. Franchise

Need a loan to buy an Equity Remodel Inc. franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Equity Remodel Inc. franchise? If so, here's a 2003 SBA franchise loan that you should know about. National City Bank was the lender and the entrepreneur was based in Cincinnati, Ohio.

SBA Loan Borrower

EQUITY REMODEL INC
CINCINNATI, OH 45242

SBA Loan Lender

NATIONAL CITY BANK
1900 E 9TH ST
CLEVELAND, OH 44114

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235510 - Carpentry Contractors

Loan Approval Date

1/14/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Equity Remodel Inc. franchise. At the time of the loan, the company had 42 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 42 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like National City Bank and they will explain how you can get an SBA loan for your company.

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:

Small Business Loan

Small Business Banks in Cleveland, Ohio

Where to Get an SBA Loan Ohio