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November 21, 2024  
 
 
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Loan Census SBA Loan Info

Borrow Money to Buy a Country Hearth Inn Franchise

Need money to invest in a Country Hearth Inn franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Columbus, Texas needed money to invest in a Country Hearth Inn franchise back in 2002. Business Loan Center, LLC issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

COUNTRY HEARTH INN
COLUMBUS, TX 78934

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721110 - Hotels and Motels

Loan Approval Date

9/24/2002

Loan Approval Gross Amount

$1,098,000

Loan Approval from the SBA

Of the total $1,098,000 loan amount, the SBA guaranteed $823,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Country Hearth Inn franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs.

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.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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