Loan to Buy Foot Solutions Franchise Issued By Community Bank Of Nevada
Borrowing money to invest in a Foot Solutions franchise? Community Bank Of Nevada has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Foot Solutions franchise? If so, here's a 2005 SBA franchise loan that you should know about. Community Bank Of Nevada was the lender and the entrepreneur was based in Henderson, Nevada.
SBA Loan Borrower
FOOT SOLUTIONS OF HENDERSON
HENDERSON, NV 89052
SBA Loan Lender
COMMUNITY BANK OF NEVADA
400 S 4TH ST, STE 215
LAS VEGAS, NV 89101
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
453998 - Store Retailers
Loan Approval Date
8/11/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $112,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Foot Solutions franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Community Bank Of Nevada so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Foot Solutions
SBIR Funding
SBA Participating Banks in Las Vegas, Nevada
SBA Nevada Banks