Borrow Money to Buy a Colbert/ball Tax Service Franchise
Borrowing money to invest in a Colbert/ball Tax Service franchise? Grabill Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Fort Wayne, Indiana and are interested in buying a Colbert/ball Tax Service franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Grabill Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
COLBERT BALL TAX SERVICES
FORT WAYNE, IN 46802
SBA Loan Lender
GRABILL BANK
5217 MERCHANDISE DR
FORT WAYNE, IN 46825
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7291 - Tax Return Preparation Services
NAICS Code
541213 - Tax Preparation Services
Loan Approval Date
11/4/2003
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Colbert/ball Tax Service franchise. At the time of the loan, the company
had 30 employees. This SBA loan request did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Fort Wayne or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Colbert/Ball Tax Service
Business Incubators
Best Fort Wayne, Indiana Banks for Small Business
SBA Lenders in Indiana