Loan to Buy Deck The Walls Franchise Issued By Citicapital Small Business Finance

Borrowing money to buy a Deck The Walls franchise? Citicapital Small Business Finance has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Frisco, Texas needed money to invest in a Deck The Walls franchise back in 2000. Citicapital Small Business Finance issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

DECK THE WALLS
FRISCO, TX 75034

SBA Loan Lender

CITICAPITAL SMALL BUSINESS FINANCE
250 E CARPENTER FRWY, STE 115
IRVING, TX 75062

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2499 - Wood Products

Loan Approval Date

6/21/2000

Loan Approval Gross Amount

$121,200

Loan Approval from the SBA

Of the total $121,200 loan amount, the SBA guaranteed $90,900.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Deck The Walls franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $121,200 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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