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November 14, 2024  
 
 
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Loan Census SBA Loan Info

Borrow Money to Buy a Certa Propainters Franchise

Need a loan to invest in a Certa Propainters franchise? Community So. Bank D.B.A Commun has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Certa Propainters franchise? If so, here's a 2006 SBA franchise loan that you should know about. Community So. Bank D.B.A Commun was the lender and the entrepreneur was based in Encinitas, California.

SBA Loan Borrower

CERTAPRO PAINTERS
ENCINITAS, CA 92024

SBA Loan Lender

COMMUNITY SO. BANK D.B.A COMMUN
51 W MAIN ST
PARSONS, TN 38363

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

238320 - Painting and Wall Covering Contractors

Loan Approval Date

8/21/2006

Loan Approval Gross Amount

$326,000

Loan Approval from the SBA

Of the total $326,000 loan amount, the SBA guaranteed $244,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Certa Propainters franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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

Equity Financing

SBA 7A Lenders in Parsons, Tennessee

Tennessee SBA Banks