Borrow Money to Buy a Certa Propainters Franchise
Need money to invest in a Certa Propainters franchise? Manufacturers & Traders Trust has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Certa Propainters franchise shouldn't be too tough. In 2002, Manufacturers & Traders Trust issued an SBA franchise loan to an entrepreneur in Elizabethtown, Pennsylvania. Because Certa Propainters was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis.
SBA Loan Borrower
CERTA PRO PAINTERS
ELIZABETHTOWN, PA 17022
SBA Loan Lender
MANUFACTURERS & TRADERS TRUST
305 W CHESAPEAKE AVE
TOWSON, MD 21204
This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1721 - Painting and Paper Hanging
NAICS Code
235210 - Painting and Wall Covering
Loan Approval Date
6/4/2002
Loan Approval Gross Amount
$45,000
Loan Approval from the SBA
Of the total $45,000 loan amount, the SBA guaranteed $38,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Certa Propainters franchise. At the time of the loan, the company
had 4 employees. The loan application did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
CertaPro Painters
Small Business Loan
Find an SBA Lender in Towson, Maryland
Getting an SBA Loan in Maryland