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November 21, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Parsons, Business Loans > Community So. Bank D.B.A Commun Parsons Business Loans > Ology Professional Servics Inc Loan | ||||
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Where to Get a Bank Loan to Purchase a Franchise
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Arizona Entrepreneur Secures Financing to Buy Servpro FranchiseNeed money to invest in a Servpro franchise? Community So. Bank D.B.A Commun has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Servpro franchise may simply require a phone call to a local SBA banker. In 2007, Community So. Bank D.B.A Commun issued an SBA franchise loan to an entrepreneur in Scottsdale, Arizona. Because Servpro was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis. SBA Loan Borrower OLOGY PROFESSIONAL SERVICS INC SBA Loan Lender COMMUNITY SO. BANK D.B.A COMMUN 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 236118 - Residential Remodelers Loan Approval Date 1/11/2007 Loan Approval Gross Amount $414,000 Loan Approval from the SBA Of the total $414,000 loan amount, the SBA guaranteed $310,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Servpro franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This SBA loan was for $414,000. How would you spend $414,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Banks for Small Business in Parsons, Tennessee
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