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November 14, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Days Inn Loan | ||||
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Raising Money in Raleigh, North Carolina With SBA Loans
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Temecula Valley Bank Provides SBA Loan to Buy Days Inn FranchiseNeed a loan to invest in a Days Inn franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Raleigh, North Carolina and are interested in buying a Days Inn franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Temecula Valley Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower DAYS INN SBA Loan Lender TEMECULA VALLEY BANK This lender provides SBA 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 721110 - Hotels and Motels Loan Approval Date 8/21/2002 Loan Approval Gross Amount $1,189,000 Loan Approval from the SBA Of the total $1,189,000 loan amount, the SBA guaranteed $891,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Days Inn franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs. Getting an SBA Loan For Your 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. Related Links: How Much Venture Capital Is There? SBA Approved Banks in Temecula, California
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