Loan to Buy Sears Catalog Store Franchise Issued By State Bank Of Cochran

Need a loan to buy a Sears Catalog Store franchise? State Bank Of Cochran has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Sears Catalog Store franchise is doable. In 2000, State Bank Of Cochran issued an SBA franchise loan to an entrepreneur in Dublin, Georgia. Because Sears Catalog Store was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

SEARS
DUBLIN, GA 31021

SBA Loan Lender

STATE BANK OF COCHRAN
215 BEECH ST
COCHRAN, GA 31014

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5331 - Variety Stores

NAICS Code

452990 - General Merchandise Stores

Loan Approval Date

1/13/2000

Loan Approval Gross Amount

$173,000

Loan Approval from the SBA

Of the total $173,000 loan amount, the SBA guaranteed $129,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Sears Catalog Store franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

We can help you find the best banks for small businesses in Dublin 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.

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Georgia SBA 7A Lenders