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November 15, 2024  
 
 
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Loan Census SBA Loan Info

Bank Of The West Provides SBA Loan to Buy Matco Tools rent Tools Franchise

Need a loan to invest in a Matco Tools rent Tools franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA.

Matco Tools rent Tools franchise loans are available to Dover, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of The West, based in San Francisco, California, issued an SBA franchise loan for a Matco Tools rent Tools franchise in 2003. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

MATCO TOOLS DISTRIBUTOR AND KE
DOVER, OH 44622

SBA Loan Lender

BANK OF THE WEST
180 MONTGOMERY ST
SAN FRANCISCO, CA 94104

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

454390 - Direct Selling Establishments

Loan Approval Date

4/29/2003

Loan Approval Gross Amount

$119,300

Loan Approval from the SBA

Of the total $119,300 loan amount, the SBA guaranteed $101,405.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Matco Tools rent Tools franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of The West are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

Related Links:

Matco Tools

Business Incubators

Find an SBA Lender in San Francisco, California

SBA California Banks