 |
 |
December 22, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Utah Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Cedar Mountain True Value Loan | ||||
 |
||||
Business Loans for Duck Creek Village Small Businesses
|
||||
 |
Cit Small Business Lending Corp Provides SBA Loan to Buy True Value Hardware FranchiseNeed a loan to purchase a True Value Hardware franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. True Value Hardware franchise loans are available to Duck Creek Village, Utah entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Cit Small Business Lending Corp, based in Livingston, New Jersey, issued an SBA franchise loan for a True Value Hardware franchise in 2005. We've got all the details on this Utah small business loan. SBA Loan Borrower CEDAR MOUNTAIN TRUE VALUE SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444130 - Hardware Stores Loan Approval Date 7/12/2005 Loan Approval Gross Amount $708,000 Loan Approval from the SBA Of the total $708,000 loan amount, the SBA guaranteed $531,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a True Value Hardware franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 3 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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 $708,000 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: Microlending as a Small Business Funding Source Best Banks for Small Business in Livingston, New Jersey
|
|
||
|
||||
|
|
||||