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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Howard Johnson Loan | ||||
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Business Loans for Valdosta Business Owners
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Temecula Valley Bank Provides SBA Loan to Buy Howard Johnson FranchiseNeed a loan to buy a Howard Johnson franchise? Temecula Valley Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Valdosta, Georgia needed money to invest in a Howard Johnson franchise back in 2003. Temecula Valley Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower HOWARD JOHNSON SBA Loan Lender TEMECULA VALLEY BANK 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 721110 - Hotels and Motels Loan Approval Date 7/24/2003 Loan Approval Gross Amount $1,333,000 Loan Approval from the SBA Of the total $1,333,000 loan amount, the SBA guaranteed $999,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Howard Johnson franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 9 new jobs and retain 10 existing jobs. Getting an SBA Loan For Your Business If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding. This SBA loan was for $1,333,000. How would you spend $1,333,000 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: Howard Johnson International, Inc. Howard Johnson Franchise Canada Inc. SBA 7A Banks in Temecula, California Getting an SBA Loan in California
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