Topsham (census Name For Topsh, ME Entrepreneur Gets SBA Loan to Buy Petland Franchise
Need a loan to invest in a Petland franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.
If you live near Topsham (census Name For Topsh, Maine and are interested in buying a Petland franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Keybank National Association. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
PETLAND
TOPSHAM (CENSUS NAME FOR TOPSH, ME 04086
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453910 - Pet and Pet Supplies Stores
Loan Approval Date
10/7/2002
Loan Approval Gross Amount
$452,000
Loan Approval from the SBA
Of the total $452,000 loan amount, the SBA guaranteed $339,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Petland franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 14 new jobs and retain 1 existing job.
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:
Petland
Equity Financing
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