Napa, CA Entrepreneur Gets SBA Loan to Buy 1-800-Radiator Franchise

Need a loan to buy a 1-800-Radiator franchise? Umpqua Bank has a history of making these loans and they are guaranteed by the SBA.

1-800-Radiator franchise loans are available to Napa, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Umpqua Bank, based in Roseburg, Oregon, issued an SBA franchise loan for a 1-800-Radiator franchise in 2005. We've got all the details on this California small business loan.

SBA Loan Borrower

1-800-RADIATOR
NAPA, CA 94558

SBA Loan Lender

UMPQUA BANK
445 SE MAIN ST
ROSEBURG, OR 97470

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423120 - Motor Vehicle Supplies and New Parts Merchant Wholesalers

Loan Approval Date

6/17/2005

Loan Approval Gross Amount

$523,800

Loan Approval from the SBA

Of the total $523,800 loan amount, the SBA guaranteed $392,850.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a 1-800-Radiator franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job.

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

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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.

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