El Paso, TX Entrepreneur Gets SBA Loan to Buy Data Doctors Franchise

Borrowing money to buy a Data Doctors franchise? State National Bank has a history of making these loans and they are guaranteed by the SBA.

Data Doctors franchise loans are available to El Paso, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, State National Bank, based in Fort Worth, Texas, issued an SBA franchise loan for a Data Doctors franchise in 2006. We've got all the details on this Texas small business loan.

SBA Loan Borrower

DATA DOCTORS
EL PASO, TX 79912

SBA Loan Lender

STATE NATIONAL BANK
4500 MERCANTILE PLZA, STE 300
FORT WORTH, TX 76137

The lender provided this SBA small business 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

541519 - Computer Related Services

Loan Approval Date

9/28/2006

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Data Doctors franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the funding would help create 5 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

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.

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