Borrow Money to Buy a True Value Hardware Franchise

Need a loan to buy a True Value Hardware franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a True Value Hardware franchise shouldn't be overly burdensome. In 2003, Bank Of The West issued an SBA franchise loan to an entrepreneur in Tempe, Arizona. Because True Value Hardware was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.

SBA Loan Borrower

TEMPE TRUE VALUE
TEMPE, AZ 85282

SBA Loan Lender

BANK OF THE WEST
142 EAST 200 SOUTH
SALT LAKE CITY, UT 84111

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444130 - Hardware Stores

Loan Approval Date

8/8/2003

Loan Approval Gross Amount

$351,100

Loan Approval from the SBA

Of the total $351,100 loan amount, the SBA guaranteed $263,325.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a True Value Hardware franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 14 new jobs and retain 15 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

We can help you find the best banks for small businesses in Tempe or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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Getting an SBA Loan in Utah