Borrow Money to Buy a Pump It Up Franchise
Need money to purchase a Pump It Up franchise? Amegy Bank has a history of making these loans and they are guaranteed by the SBA.
Pump It Up franchise loans are available to Houston, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Amegy Bank, based in Houston, Texas, issued an SBA franchise loan for a Pump It Up franchise in 2005. We've got all the details on this Texas small business loan.
SBA Loan Borrower
PUMP IT UP EAST HOUSTON
HOUSTON, TX 77025
SBA Loan Lender
AMEGY BANK
4400 POST OAK PKWY
HOUSTON, TX 77027
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812990 - Personal Services
Loan Approval Date
12/22/2005
Loan Approval Gross Amount
$360,000
Loan Approval from the SBA
Of the total $360,000 loan amount, the SBA guaranteed $270,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Pump It Up franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help create 5 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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:
Pump It Up
How Equity Dilution Works
Where to Get an SBA Loan in Houston, Texas
Texas SBA 7A Banks