Borrow Money to Buy a Holiday Inn Express Franchise

Need a loan to buy a Holiday Inn Express franchise? Omnibank, National Association has a history of making these loans and they are guaranteed by the SBA.

Holiday Inn Express franchise loans are available to Houston, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Omnibank, National Association, based in Houston, Texas, issued an SBA franchise loan for a Holiday Inn Express franchise in 2000. We've got all the details on this Texas small business loan.

SBA Loan Borrower

HOLIDAY INN EXPRESS INTERCONTI
HOUSTON, TX 77065

SBA Loan Lender

OMNIBANK, NATIONAL ASSOCIATION
4328 OLD SPANISH TRL
HOUSTON, TX 77021

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7011 - Hotels and Motels

Loan Approval Date

5/16/2000

Loan Approval Gross Amount

$2,666,700

Loan Approval from the SBA

Of the total $2,666,700 loan amount, the SBA guaranteed $749,982.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Holiday Inn Express franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Holiday Inn Worldwide

Debt Financing

Small Bank Loans in Houston, Texas

SBA Lenders in Texas