Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

Franklin Bank S.S.B. Small Business Franchise Loan

 

 
Loan Census SBA Loan Info

Loan to Buy Extra Innings Training Centers Franchise Issued By Franklin Bank S.S.B.

Need money to purchase an Extra Innings Training Centers franchise? Franklin Bank S.S.B. has a history of making these loans and they are guaranteed by the SBA.

Extra Innings Training Centers franchise loans are available to College Station, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Franklin Bank S.S.B., based in Bryan, Texas, issued an SBA franchise loan for an Extra Innings Training Centers franchise in 2006. We've got all the details on this Texas small business loan.

SBA Loan Borrower

T-M SPORT LLC
COLLEGE STATION, TX 77845

SBA Loan Lender

FRANKLIN BANK S.S.B.
2807 S TEXAS AVE
BRYAN, TX 77802

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

11/1/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Extra Innings Training Centers franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 8 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $100,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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