Borrow Money to Buy a Grand Rental Station Franchise

Need money to purchase a Grand Rental Station franchise? United Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Grand Rental Station franchise? If so, here's a 2007 SBA franchise loan that you should know about. United Bank was the lender and the entrepreneur was based in Johnstown, Colorado.

SBA Loan Borrower

GRAND RENTAL STATION
JOHNSTOWN, CO 80534

SBA Loan Lender

UNITED BANK
50518 CHARLES ST
OSSEO, WI 54758

This lender issued this SBA loan under the SBA 7A lending 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

532412 - Construction, Mining, and Forestry Machinery Equipment Rental and Leasing

Loan Approval Date

4/19/2007

Loan Approval Gross Amount

$494,000

Loan Approval from the SBA

Of the total $494,000 loan amount, the SBA guaranteed $370,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Grand Rental Station franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help create 6 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Accountant's Role in Securing Financing

Small Business Banks in Osseo, Wisconsin

Wisconsin SBA Bank Lenders