Union Bank Of California Provides SBA Loan to Buy Mr. Handyman Franchise
Borrowing money to invest in a Mr. Handyman franchise? Union Bank Of California has a history of making these loans and they are guaranteed by the SBA.
Mr. Handyman franchise loans are available to Tiburon, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Union Bank Of California, based in San Bernardino, California, issued an SBA franchise loan for a Mr. Handyman franchise in 2002. We've got all the details on this California small business loan.
SBA Loan Borrower
MR HANDYMAN
TIBURON, CA 94920
SBA Loan Lender
UNION BANK OF CALIFORNIA
140 S ARROWHEAD
SAN BERNARDINO, CA 92408
This lender provides SBA bank loans 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
561790 - Services to Buildings and Dwellings
Loan Approval Date
3/21/2002
Loan Approval Gross Amount
$500,000
Loan Approval from the SBA
Of the total $500,000 loan amount, the SBA guaranteed $375,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Mr. Handyman franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the borrowed money would help create 10 new jobs.
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.
We've showcased information on this loan to let you know that businesses like yours 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:
Mr. Handyman
Angel Investors
SBA Banks in San Bernardino, California
SBA Participating Banks in California