Washington Mutual Bank Provides SBA Loan to Buy Jackson Hewitt Tax Service Franchise
Need a loan to purchase a Jackson Hewitt Tax Service franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Austin, Texas needed money to invest in a Jackson Hewitt Tax Service franchise back in 2000. Washington Mutual Bank issued an SBA franchise loan. Here are the details on this Texas small business loan.
SBA Loan Borrower
JACKSON HEWITT TAX SERVICE
AUSTIN, TX 78613
SBA Loan Lender
WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014
This SBA business 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
541213 - Tax Preparation Services
Loan Approval Date
12/8/2000
Loan Approval Gross Amount
$107,000
Loan Approval from the SBA
Of the total $107,000 loan amount, the SBA guaranteed $53,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Jackson Hewitt Tax Service franchise. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Washington Mutual Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
Jackson Hewitt Tax Service
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Who Lends Money to Small Businesses in Henderson, Nevada
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