Bank Of The West Provides SBA Loan to Buy Sign-A-Rama Franchise

Borrowing money to buy a Sign-A-Rama franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA.

Sign-A-Rama franchise loans are available to San Francisco, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of The West, based in Truckee, California, issued an SBA franchise loan for a Sign-A-Rama franchise in 2000. We've got all the details on this California small business loan.

SBA Loan Borrower

SIGNS AMERICA
SAN FRANCISCO, CA 94107

SBA Loan Lender

BANK OF THE WEST
10181 TRUCKEE TAHOE AIRPORT R
TRUCKEE, CA 96161

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

Loan Approval Date

5/16/2000

Loan Approval Gross Amount

$242,000

Loan Approval from the SBA

Of the total $242,000 loan amount, the SBA guaranteed $181,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Sign-A-Rama 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 generate 5 new jobs and retain 13 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of The West that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

SIGN*A*RAMA

Accountant's Role in Securing Financing

Small Bank Loans in Truckee, California

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