Borrow Money to Buy an Ace Hardware Franchise

Need a loan to buy an Ace Hardware franchise? Webster Bank has a history of making these loans and they are guaranteed by the SBA.

Ace Hardware franchise loans are available to New Hartford, Connecticut entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Webster Bank, based in Cheshire, Connecticut, issued an SBA franchise loan for an Ace Hardware franchise in 2002. We've got all the details on this Connecticut small business loan.

SBA Loan Borrower

NEW HARTFORD HARDWARE, LLC.
NEW HARTFORD, CT 06057

SBA Loan Lender

WEBSTER BANK
609 W JOHNSON AVE
CHESHIRE, CT 06410

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5251 - Hardware Stores

NAICS Code

444130 - Hardware Stores

Loan Approval Date

3/19/2002

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

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 8 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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

Getting a Small Business Loan

SBA 7A Lenders in Cheshire, Connecticut

SBA Connecticut Lenders