Bank Of America Provides SBA Loan to Buy Certa Propainters Franchise
Need money to buy a Certa Propainters franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.
If you live near Warwick (rr Name Apponaug), Rhode Island and are interested in buying a Certa Propainters franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Bank Of America. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
CERTA PRO PAINTERS
WARWICK (RR NAME APPONAUG), RI 02889
SBA Loan Lender
BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
235210 - Painting and Wall Covering
Loan Approval Date
10/16/2001
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Certa Propainters franchise. At the time of the loan, the company
had 19 employees. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 31 existing jobs.
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SBA loans provide smart, affordable business financing for small businesses looking to expand.
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.
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