California Entrepreneur Secures Financing to Buy Isold It On Ebay Franchise

Need money to buy an Isold It On Ebay franchise? Safe-Bidco has a history of making these loans and they are guaranteed by the SBA.

Isold It On Ebay franchise loans are available to Santa Rosa, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Safe-Bidco, based in Santa Rosa, California, issued an SBA franchise loan for an Isold It On Ebay franchise in 2006. We've got all the details on this California small business loan.

SBA Loan Borrower

I SOLD IT ON E-BAY
SANTA ROSA, CA 95401

SBA Loan Lender

SAFE-BIDCO
1211 N. DUTTON AVE, SUITE D
SANTA ROSA, CA 95401

This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and a deep knowledge SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423990 - Durable Goods Merchant Wholesalers

Loan Approval Date

5/30/2006

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Isold It On Ebay franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 $125,000 loan. Remember, anyone can do it... so why not 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.

Related Links:

iSold It eBay Store

Advice on Getting a Small Business Loan

SBA Participating Banks in Santa Rosa, California

California SBA 7A Lenders