Florida Entrepreneur Secures Financing to Buy Mr. Handyman Franchise

Borrowing money to purchase a Mr. Handyman franchise? Newtek Small Business Finance Inc. has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Mr. Handyman franchise shouldn't be too tough. In 2007, Newtek Small Business Finance Inc. issued an SBA franchise loan to an entrepreneur in Zephyrhills, Florida. Because Mr. Handyman was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

YORK HOMES,INC.DBA MR.HANDYMAN
ZEPHYRHILLS, FL 33541

SBA Loan Lender

NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018

This lender provides SBA debt financing 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.

NAICS Code

236118 - Residential Remodelers

Loan Approval Date

2/23/2007

Loan Approval Gross Amount

$120,200

Loan Approval from the SBA

Of the total $120,200 loan amount, the SBA guaranteed $102,170.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mr. Handyman franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start business in Zephyrhills FL, you ought to talk with a local Zephyrhills SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Zephyrhills businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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