Borrow Money to Buy a Liberty Tax Service Franchise

Borrowing money to buy a Liberty Tax Service franchise? Surety Bank has a history of making these loans and they are guaranteed by the SBA.

Liberty Tax Service franchise loans are available to Bedford, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Surety Bank, based in Fort Worth, Texas, issued an SBA franchise loan for a Liberty Tax Service franchise in 2002. We've got all the details on this Texas small business loan.

SBA Loan Borrower

SOUTHWEST TAXPREP LTD.
BEDFORD, TX 76021

SBA Loan Lender

SURETY BANK
1501 SUMMIT AVE
FORT WORTH, TX 76102

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541213 - Tax Preparation Services

Loan Approval Date

10/10/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Liberty Tax Service franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Liberty Tax Service

Obtaining Funding - How to Decide How Much to Raise

SBA Approved Banks in Fort Worth, Texas

Getting a Business Loan in Texas