Loan Census Banking News and Information
November 14, 2024  
 
 
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California Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

California Entrepreneur Secures Financing to Buy Wireless Franchise

Borrowing money to buy a Wireless franchise? Umpqua Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Wireless franchise? If so, here's a 2004 SBA franchise loan that you should know about. Umpqua Bank was the lender and the entrepreneur was based in Roseville, California.

SBA Loan Borrower

@WIRELESS
ROSEVILLE, CA 95747

SBA Loan Lender

UMPQUA BANK
4080 PLAZA GOLDORADO CIR
CAMERON PARK, CA 95682

This lender provides SBA debt financing 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

517310 -

Loan Approval Date

9/16/2004

Loan Approval Gross Amount

$105,000

Loan Approval from the SBA

Of the total $105,000 loan amount, the SBA guaranteed $89,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Wireless franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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