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November 21, 2024  
 
 
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Where to Get an SBA 7A Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Liberty Tax Service Franchise

Need money to purchase a Liberty Tax Service franchise? Community Bank Of Mississippi has a history of making these loans and they are guaranteed by the SBA.

Liberty Tax Service franchise loans are available to Carthage, Mississippi entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community Bank Of Mississippi, based in Forest, Mississippi, issued an SBA franchise loan for a Liberty Tax Service franchise in 2006. We've got all the details on this Mississippi small business loan.

SBA Loan Borrower

LIBERTY TAX SERVICE
CARTHAGE, MS 39051

SBA Loan Lender

COMMUNITY BANK OF MISSISSIPPI
323 E 3RD ST
FOREST, MS 39074

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541213 - Tax Preparation Services

Loan Approval Date

9/15/2006

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

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 only one employee. The SBA loan application for the borrower indicated that the borrowed money would help create 1 new job.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Community Bank Of Mississippi and they will explain how you can get an SBA loan for your company.

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

Business Line of Credit

Small Business Banks in Forest, Mississippi

Mississippi SBA 7A Banks