Loan to Buy Sanford Rose Associates Franchise Issued By Happy State Bank

Need money to purchase a Sanford Rose Associates franchise? Happy State Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Amarillo, Texas and are interested in buying a Sanford Rose Associates franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Happy State Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

SANFORD ROSE ASSOCIATES AMARIL
AMARILLO, TX 79119

SBA Loan Lender

HAPPY STATE BANK
100 E MAIN ST
HAPPY, TX 79042

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

541612 - Human Resources Consulting Services

Loan Approval Date

6/2/2006

Loan Approval Gross Amount

$90,900

Loan Approval from the SBA

Of the total $90,900 loan amount, the SBA guaranteed $45,450.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Sanford Rose Associates franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $90,900 loan. Remember, feel the fear, and do it anyway.

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:

Sanford Rose Associates

Getting a Small Business Loan

Best Happy, Texas Banks for Small Business

Getting an SBA Loan in Texas