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November 21, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Ross Osage Hotels Lp Dba Days Loan | ||||
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Capital One Franchise Loans
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Capital One Provides SBA Loan to Buy Days Inn FranchiseNeed money to invest in a Days Inn franchise? Capital One has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Days Inn franchise may simply require a phone call to a local SBA banker. In 2005, Capital One issued an SBA franchise loan to an entrepreneur in Amarillo, Texas. Because Days Inn was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis. SBA Loan Borrower ROSS OSAGE HOTELS LP DBA DAYS SBA Loan Lender CAPITAL ONE This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 721110 - Hotels and Motels Loan Approval Date 3/29/2005 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Days Inn franchise. At the time of the loan, the company had 24 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 24 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Capital One and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Find an SBA Lender in Mclean, Virginia Getting a Business Loan in Virginia
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