Placerville, CA Entrepreneur Gets SBA Loan to Buy Century 21 Franchise
Need a loan to purchase a Century 21 franchise? Umpqua Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Placerville, California needed money to invest in a Century 21 franchise back in 2005. Umpqua Bank issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
CENTURY 21
PLACERVILLE, CA 95667
SBA Loan Lender
UMPQUA BANK
4080 PLAZA GOLDORADO CIR
CAMERON PARK, CA 95682
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
531210 - Real Estate Agents and Brokers
Loan Approval Date
6/24/2005
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Century 21 franchise. At the time of the loan, the company
had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Placerville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Century 21 Real Estate Corporation
Famous Venture Capitalists
Find an SBA Lender in Cameron Park, California
California SBA 7A Lenders