Temecula Valley Bank Provides SBA Loan to Buy Glass Doctor Franchise
Need a loan to invest in a Glass Doctor franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Glass Doctor franchise? If so, here's a 2002 SBA franchise loan that you should know about. Temecula Valley Bank was the lender and the entrepreneur was based in St. George, Utah.
SBA Loan Borrower
GLASS DOCTOR OF ST. GEORGE
ST. GEORGE, UT 84790
SBA Loan Lender
TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
444190 - Building Material Dealers
Loan Approval Date
6/26/2002
Loan Approval Gross Amount
$91,100
Loan Approval from the SBA
Of the total $91,100 loan amount, the SBA guaranteed $77,435.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Glass Doctor 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 hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Glass Doctor
Angel Investors
SBA 7A Lenders in Temecula, California
California SBA Banks