Colorado Entrepreneur Secures Financing to Buy Party America Franchise
Need a loan to purchase a Party America franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Party America franchise shouldn't be too tough. In 2005, U.S. Bank National Association issued an SBA franchise loan to an entrepreneur in Parker, Colorado. Because Party America was registered with the SBA's registry of franchises, this Colorado small business loan was issued on an expedited basis.
SBA Loan Borrower
PARTY AMERICA
PARKER, CO 80134
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453998 - Store Retailers
Loan Approval Date
4/12/2005
Loan Approval Gross Amount
$287,000
Loan Approval from the SBA
Of the total $287,000 loan amount, the SBA guaranteed $215,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Party America franchise. At the time of the loan, the company
had 12 employees. The loan application indicated that the funding would help generate 12 new jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $287,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Party America
Bank Credit Lines
SBA Banks in Cincinnati, Ohio
Ohio SBA 7A Lenders