Columbia, SC Entrepreneur Gets SBA Loan to Buy Jackson Hewitt Tax Service Franchise
Need money to buy a Jackson Hewitt Tax Service franchise? Branch Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Columbia, South Carolina needed money to invest in a Jackson Hewitt Tax Service franchise back in 2005. Branch Bank & Trust issued an SBA franchise loan. Here are the details on this South Carolina small business loan.
SBA Loan Borrower
LEWIS & COMPANY, INC.
COLUMBIA, SC 29223
SBA Loan Lender
BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101
The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
541213 - Tax Preparation Services
Loan Approval Date
2/22/2005
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $65,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Jackson Hewitt Tax Service franchise. At the time of the loan, the company
had 8 employees. The loan application indicated that the loan would help generate 25 new jobs and retain 8 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Jackson Hewitt Tax Service
Small Business Credit Cards
SBA 7A Lenders in Winston Salem, North Carolina
SBA North Carolina Banks