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November 15, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Salt Lake City, Business Loans > Bank Of The West Salt Lake City Business Loans > Culligan Water Products, Inc Loan | ||||
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Requirements for Financing a Franchise
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Loan to Buy Culligan Soft Water Service Franchise Issued By Bank Of The WestBorrowing money to invest in a Culligan Soft Water Service franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Gillette, Wyoming needed money to invest in a Culligan Soft Water Service franchise back in 2003. Bank Of The West issued an SBA franchise loan. Here are the details on this Wyoming small business loan. SBA Loan Borrower CULLIGAN WATER PRODUCTS, INC SBA Loan Lender BANK OF THE WEST SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7299 - Personal Services NAICS Code 812990 - Personal Services Loan Approval Date 7/16/2003 Loan Approval Gross Amount $247,200 Loan Approval from the SBA Of the total $247,200 loan amount, the SBA guaranteed $185,400. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Culligan Soft Water Service franchise. At the time of the loan, the company had 5 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 Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Small Bank Loans in Salt Lake City, Utah
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