Florida Entrepreneur Secures Financing to Buy Wheelchair Getaways transp. Serv. Franchise

Borrowing money to buy a Wheelchair Getaways transp. Serv. franchise? United Midwest Savings Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Wheelchair Getaways transp. Serv. franchise shouldn't be overly burdensome. In 2003, United Midwest Savings Bank issued an SBA franchise loan to an entrepreneur in Orlando, Florida. Because Wheelchair Getaways transp. Serv. was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

WHEELCHAIR GETAWAYS
ORLANDO, FL 32835

SBA Loan Lender

UNITED MIDWEST SAVINGS BANK
4848 REED RD
COLUMBUS, OH 43220

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

485991 - Special Needs Transportation

Loan Approval Date

1/16/2003

Loan Approval Gross Amount

$446,800

Loan Approval from the SBA

Of the total $446,800 loan amount, the SBA guaranteed $335,100.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Wheelchair Getaways transp. Serv. franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like United Midwest Savings Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

How to Raise Money

SBA Banks in Columbus, Ohio

Find an SBA Lender in Ohio