Loan to Buy True Value Hardware Franchise Issued By Ncb, Fsb
Need money to invest in a True Value Hardware franchise? Ncb, Fsb has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Phelan, California needed money to invest in a True Value Hardware franchise back in 2001. Ncb, Fsb issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
ANDERSON'S TRUE VALUE
PHELAN, CA 92371
SBA Loan Lender
NCB, FSB
139 S HIGH ST
HILLSBORO, OH 45133
This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
444130 - Hardware Stores
Loan Approval Date
7/18/2001
Loan Approval Gross Amount
$415,000
Loan Approval from the SBA
Of the total $415,000 loan amount, the SBA guaranteed $311,250.
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 15 employees. This SBA loan request did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
If you need business start up money in Phelan CA, you ought to talk with a local Phelan SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Phelan 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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