Car Washes Bank Loans
Looking for bank loans for car washes? Talk to a banker who works with the SBA. This $784,000 car washes loan was issued by a Texas bank.
This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with The Frost National Bank, out of San Antonio, Texas. The loan was granted and they received $784,000 to help grow their Bellaire, Texas business.
SBA Loan Borrower
COMPANY TYPE: CARWASHES
BELLAIRE, TX 77401
SBA Loan Lender
THE FROST NATIONAL BANK
100 W HOUSTON ST
SAN ANTONIO, TX 78205
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7542 - Carwashes
NAICS Code
811192 - Car Washes
Loan Approval Date
4/16/2001
Loan Approval Gross Amount
$784,000
Loan Approval from the SBA
Of the total $784,000 loan amount, the SBA guaranteed $572,320.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents did not indicate that the small business planned to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from The Frost National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Dealing With Venture Capitalists
Best San Antonio, Texas Banks for Small Business
SBA Lenders in Texas