Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Raising Money in Fort Worth, Texas With SBA Loans

 

 
Loan Census SBA Loan Info

Fort Worth, TX Entrepreneur Gets SBA Loan to Buy Miracle-Ear Centers Franchise

Borrowing money to purchase a Miracle-Ear Centers franchise? Capital One has a history of making these loans and they are guaranteed by the SBA.

Miracle-Ear Centers franchise loans are available to Fort Worth, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Capital One, based in Mclean, Virginia, issued an SBA franchise loan for a Miracle-Ear Centers franchise in 2007. We've got all the details on this Texas small business loan.

SBA Loan Borrower

HEARTECH, L.L.C.DBA MIRACLE-EA
FORT WORTH, TX 76116

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

446199 - Health and Personal Care Stores

Loan Approval Date

2/21/2007

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Miracle-Ear Centers franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 7 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Capital One so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Miracle Ear Hearing Systems

Business Incubators

SBA Participating Banks in Mclean, Virginia

SBA Virginia Lenders