Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Raising Money in Walnut Creek, California With SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Deck The Walls Franchise Issued By Bank Of The West

Borrowing money to purchase a Deck The Walls franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Deck The Walls franchise? If so, here's a 2000 SBA franchise loan that you should know about. Bank Of The West was the lender and the entrepreneur was based in Walnut Creek, California.

SBA Loan Borrower

DECK THE WALLS
WALNUT CREEK, CA 94596

SBA Loan Lender

BANK OF THE WEST
10181 TRUCKEE TAHOE AIRPORT R
TRUCKEE, CA 96161

This lender provides SBA guaranteed business 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.

SIC Code

5947 - Gift, Novelty, and Souvenir Shops

NAICS Code

453220 - Gift, Novelty, and Souvenir Stores

Loan Approval Date

7/6/2000

Loan Approval Gross Amount

$97,000

Loan Approval from the SBA

Of the total $97,000 loan amount, the SBA guaranteed $77,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Deck The Walls franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of The West that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Deck The Walls, Inc.

Microlending as a Small Business Funding Source

Best Banks for Small Business in Truckee, California

SBA California Lenders