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November 14, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Henderson, Business Loans > Silver State Bank Henderson Business Loans > Turtle Stop # 18 Loan | ||||
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Where to Get a Bank Loan to Purchase a Franchise
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Henderson, NV Entrepreneur Gets SBA Loan to Buy Turtle Stop FranchiseNeed money to buy a Turtle Stop franchise? Silver State Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Turtle Stop franchise shouldn't be too tough. In 2001, Silver State Bank issued an SBA franchise loan to an entrepreneur in Henderson, Nevada. Because Turtle Stop was registered with the SBA's registry of franchises, this Nevada small business loan was issued on an expedited basis. SBA Loan Borrower TURTLE STOP # 18 SBA Loan Lender SILVER STATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 2/27/2001 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $750,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Turtle Stop franchise. At the time of the loan, the company had 23 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Accountant's Role in Securing Financing Best Banks for Small Business in Henderson, Nevada SBA Participating Banks in Nevada
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