Borrow Money to Buy a Paul Davis Restoration Franchise

Need money to invest in a Paul Davis Restoration franchise? First National Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Fort Collins, Colorado needed money to invest in a Paul Davis Restoration franchise back in 2007. First National Bank issued an SBA franchise loan. Here are the details on this Colorado small business loan.

SBA Loan Borrower

PAUL DAVIS RESTORATION
FORT COLLINS, CO 80524

SBA Loan Lender

FIRST NATIONAL BANK
205 W OAK ST
FORT COLLINS, CO 80521

This lender issued this SBA bank loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

236118 - Residential Remodelers

Loan Approval Date

1/24/2007

Loan Approval Gross Amount

$840,000

Loan Approval from the SBA

Of the total $840,000 loan amount, the SBA guaranteed $630,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Paul Davis Restoration franchise. At the time of the loan, the company had 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.

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.

While you may be able to find business people willing to loan money, 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:

Paul Davis Restoration

Startup Funding Tip

SBA Participating Banks in Fort Collins, Colorado

Getting an SBA Loan in Colorado