Sovereign Bank Provides SBA Loan to Buy Case Handyman Services Franchise

Need money to invest in a Case Handyman Services franchise? Sovereign Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Case Handyman Services franchise? If so, here's a 2005 SBA franchise loan that you should know about. Sovereign Bank was the lender and the entrepreneur was based in Cumberland, Rhode Island.

SBA Loan Borrower

BUSH REMODELING LLC
CUMBERLAND, RI 02864

SBA Loan Lender

SOVEREIGN BANK
2 ALDWYN LN
VILLANOVA, PA 19085

This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

236118 - Residential Remodelers

Loan Approval Date

6/6/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Case Handyman Services franchise. At the time of the loan, the company had no employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 3 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Case Handyman Service

Understanding Dilution

Where to Get an SBA Loan in Villanova, Pennsylvania

Getting an SBA Loan in Pennsylvania