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

Kent, Washington Bank Loan

 

 
Loan Census SBA Loan Info

Bank Of America Provides SBA Loan to Buy Ucc Total Home Franchise

Need a loan to purchase an Ucc Total Home franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Ucc Total Home franchise? If so, here's a 2002 SBA franchise loan that you should know about. Bank Of America was the lender and the entrepreneur was based in Kent, Washington.

SBA Loan Borrower

UCC TOTAL HOME SOUTH SEATTLE
KENT, WA 98042

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This SBA bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

454110 - Electronic Shopping and Mail-Order Houses

Loan Approval Date

2/14/2002

Loan Approval Gross Amount

$131,000

Loan Approval from the SBA

Of the total $131,000 loan amount, the SBA guaranteed $65,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Ucc Total Home franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 6 existing jobs.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of America and they will explain how you can get an SBA loan for your company.

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:

UCC TotalHome

Getting a Small Business Loan

SBA Approved Banks in Charlotte, North Carolina

North Carolina SBA 7A Banks