Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Where to Get a Business Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Glendale, CA Entrepreneur Gets SBA Loan to Buy We The People Forms And Service Ctr. Franchise

Need a loan to purchase a We The People Forms And Service Ctr. franchise? Excel National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a We The People Forms And Service Ctr. franchise? If so, here's a 2007 SBA franchise loan that you should know about. Excel National Bank was the lender and the entrepreneur was based in Glendale, California.

SBA Loan Borrower

WE THE PEOPLE
GLENDALE, CA 91206

SBA Loan Lender

EXCEL NATIONAL BANK
9701 WILSHIRE BLVD
BEVERLY HILLS, CA 90212

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

541199 - Legal Services

Loan Approval Date

9/19/2007

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a We The People Forms And Service Ctr. franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

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 $95,000 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:

We the People Legal Document Services

Choosing VC Firms

Best Beverly Hills, California Banks for Small Business

SBA Lenders in California