Dallas, TX Entrepreneur Gets SBA Loan to Buy Crown Trophy Franchise

Need money to buy a Crown Trophy franchise? Bank - Texas has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Crown Trophy franchise is doable. In 2002, Bank - Texas issued an SBA franchise loan to an entrepreneur in Dallas, Texas. Because Crown Trophy was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

CROWN TROPHY
DALLAS, TX 75248

SBA Loan Lender

BANK - TEXAS
1500 N CENTRAL EXPWY
MCKINNEY, TX 75070

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339912 - Silverware and Hollowware Manufacturing

Loan Approval Date

10/30/2002

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $59,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Crown Trophy franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $70,000 loan. Remember, where there is a will, there is a way!

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:

Crown Trophy

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Where to Get an SBA Loan in Mckinney, Texas

Getting an SBA Loan in Texas