Santa Rosa, CA Entrepreneur Gets SBA Loan to Buy Hallmark Card Shop Franchise

Borrowing money to invest in a Hallmark Card Shop franchise? Exchange Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Hallmark Card Shop franchise shouldn't be overly burdensome. In 2004, Exchange Bank issued an SBA franchise loan to an entrepreneur in Santa Rosa, California. Because Hallmark Card Shop was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

FIRESIDE STATIONERY
SANTA ROSA, CA 95405

SBA Loan Lender

EXCHANGE BANK
545 4TH ST
SANTA ROSA, CA 95401

This lender processed this 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

453210 - Office Supplies and Stationery

Loan Approval Date

11/4/2004

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $60,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Hallmark Card Shop franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $120,000 loan. Remember, where there is a will, there is a way!

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:

Hallmark Card Shop

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SBA Approved Banks in Santa Rosa, California

California SBA 7A Lenders