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November 21, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > San Diego, Business Loans > U.S. Bank National Association San Diego Business Loans > Handyman Connection Loan | ||||
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Business Loans for Colorado Springs Small Business Owners
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Loan to Buy Handyman Connection Franchise Issued By U.S. Bank National AssociationBorrowing money to buy a Handyman Connection franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Handyman Connection franchise shouldn't be too tough. In 2006, U.S. Bank National Association issued an SBA franchise loan to an entrepreneur in Colorado Springs, Colorado. Because Handyman Connection was registered with the SBA's registry of franchises, this Colorado small business loan was issued on an expedited basis. SBA Loan Borrower HANDYMAN CONNECTION SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561790 - Services to Buildings and Dwellings Loan Approval Date 12/6/2006 Loan Approval Gross Amount $666,400 Loan Approval from the SBA Of the total $666,400 loan amount, the SBA guaranteed $499,800. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Handyman Connection franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business 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 source of funding. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $666,400 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Banks in San Diego, California
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