Ncb Financial Corporation Provides SBA Loan to Buy True Value Hardware Franchise

Need a loan to purchase a True Value Hardware franchise? Ncb Financial Corporation has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a True Value Hardware franchise? If so, here's a 2006 SBA franchise loan that you should know about. Ncb Financial Corporation was the lender and the entrepreneur was based in Phelan, California.

SBA Loan Borrower

ANDERSON'S TRUE VALUE
PHELAN, CA 92371

SBA Loan Lender

NCB FINANCIAL CORPORATION
601 PENNSYLVANIA AVE NW
WASHINGTON, DC 20004

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444130 - Hardware Stores

Loan Approval Date

3/27/2006

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a True Value Hardware franchise. At the time of the loan, the company had 58 employees. This SBA loan request did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

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

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.

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