Trustmark National Bank Provides SBA Loan to Buy Home Instead Senior Care Franchise
Need a loan to purchase a Home Instead Senior Care franchise? Trustmark National Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Home Instead Senior Care franchise? If so, here's a 2006 SBA franchise loan that you should know about. Trustmark National Bank was the lender and the entrepreneur was based in Beaumont, Texas.
SBA Loan Borrower
HOME INSTEAD SENIOR CARE
BEAUMONT, TX 77706
SBA Loan Lender
TRUSTMARK NATIONAL BANK
14604 NW FRWY
HOUSTON, TX 77040
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
621610 - Home Health Care Services
Loan Approval Date
6/21/2006
Loan Approval Gross Amount
$400,000
Loan Approval from the SBA
Of the total $400,000 loan amount, the SBA guaranteed $300,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Home Instead Senior Care franchise. At the time of the loan, the company
had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Trustmark National 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:
Home Instead Senior Care
A Company That Helps Entrepreneurs
SBA 7A Lenders in Houston, Texas
Texas SBA Banks