Loan to Buy Envirian Franchise Issued By Greater Bay Bank
Borrowing money to buy an Envirian franchise? Greater Bay Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy an Envirian franchise? If so, here's a 2006 SBA franchise loan that you should know about. Greater Bay Bank was the lender and the entrepreneur was based in Walnut Creek, California.
SBA Loan Borrower
ENVIRIAN EAST BAY
WALNUT CREEK, CA 94597
SBA Loan Lender
GREATER BAY BANK
420 COWPER ST
PALO ALTO, CA 94301
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
531210 - Real Estate Agents and Brokers
Loan Approval Date
10/4/2006
Loan Approval Gross Amount
$251,000
Loan Approval from the SBA
Of the total $251,000 loan amount, the SBA guaranteed $188,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Envirian franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Greater Bay Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Greater Bay Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Realistic Debt Financing Options
SBA Participating Banks in Palo Alto, California
Where to Get an SBA Loan California