Lake Oswego (oswego), OR Entrepreneur Gets SBA Loan to Buy Ace Hardware Franchise
Need money to purchase an Ace Hardware franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy an Ace Hardware franchise shouldn't be too tough. In 2003, Community W. Bank issued an SBA franchise loan to an entrepreneur in Lake Oswego (oswego), Oregon. Because Ace Hardware was registered with the SBA's registry of franchises, this Oregon small business loan was issued on an expedited basis.
SBA Loan Borrower
LAKE OSWEGO ACE HARDWARE
LAKE OSWEGO (OSWEGO), OR 97034
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
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
444130 - Hardware Stores
Loan Approval Date
10/30/2003
Loan Approval Gross Amount
$320,000
Loan Approval from the SBA
Of the total $320,000 loan amount, the SBA guaranteed $240,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Ace Hardware franchise. At the time of the loan, the company
had 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
ACE Hardware
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Where to Get an SBA Loan in Goleta, California
California SBA 7A Lenders