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November 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Kingwood, Business Loans > Amegy Bank Kingwood Business Loans > Panchero's Mexican Grill Baytown Loan | ||||
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Raising Money in Baytown, Texas With SBA Loans
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Baytown, TX Entrepreneur Gets SBA Loan to Buy Panchero's Mexican Grill FranchiseNeed a loan to invest in a Panchero's Mexican Grill franchise? Amegy Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Panchero's Mexican Grill franchise? If so, here's a 2007 SBA franchise loan that you should know about. Amegy Bank was the lender and the entrepreneur was based in Baytown, Texas. SBA Loan Borrower PANCHERO'S MEXICAN GRILL BAYTOWN SBA Loan Lender AMEGY BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 1/23/2007 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Panchero's Mexican Grill franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 15 new jobs and retain 10 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: SBA 7A Lenders in Kingwood, Texas
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