Midsouth Bank-Texas Provides SBA Loan to Buy Jason's Deli Franchise

Borrowing money to buy a Jason's Deli franchise? Midsouth Bank-Texas has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Jason's Deli franchise shouldn't be overly burdensome. In 2006, Midsouth Bank-Texas issued an SBA franchise loan to an entrepreneur in Fort Worth, Texas. Because Jason's Deli was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

JASON'S DELI
FORT WORTH, TX 76107

SBA Loan Lender

MIDSOUTH BANK-TEXAS
555 N DOWLEN RD
BEAUMONT, TX 77706

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/17/2006

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $450,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Jason's Deli franchise. At the time of the loan, the company had 300 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

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 $600,000 loan. Remember, anyone can do it... so why not 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:

Borrowing Money from Friends and Family

Where to Get an SBA Loan in Beaumont, Texas

SBA Participating Banks in Texas