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December 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Arlington, Business Loans > Southwest Securities, Fsb Arlington Business Loans > Velocity Sports Performance Loan | ||||
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Raising Money in Dallas, Texas With SBA Loans
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Loan to Buy Velocity Sports Performance Franchise Issued By Southwest Securities, FsbBorrowing money to buy a Velocity Sports Performance franchise? Southwest Securities, Fsb has a history of making these loans and they are guaranteed by the SBA. If you live near Dallas, Texas and are interested in buying a Velocity Sports Performance franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Southwest Securities, Fsb. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower VELOCITY SPORTS PERFORMANCE SBA Loan Lender SOUTHWEST SECURITIES, FSB This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 611620 - Sports and Recreation Instruction Loan Approval Date 1/29/2004 Loan Approval Gross Amount $470,600 Loan Approval from the SBA Of the total $470,600 loan amount, the SBA guaranteed $352,950. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Velocity Sports Performance franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 1 existing job. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? 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. Related Links: Microlending as a Small Business Funding Source Who Lends Money to Small Businesses in Arlington, Texas
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