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November 21, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Edible Arrangements Loan | ||||
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Small Business Loan Source LLC SBA Franchise Loans
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Loan to Buy Edible Arrangements Franchise Issued By Small Business Loan Source LLCBorrowing money to invest in an Edible Arrangements franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA. If you live near Humble, Texas and are interested in buying an Edible Arrangements franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Small Business Loan Source LLC. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower EDIBLE ARRANGEMENTS SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - Store Retailers Loan Approval Date 2/3/2006 Loan Approval Gross Amount $1,520,000 Loan Approval from the SBA Of the total $1,520,000 loan amount, the SBA guaranteed $1,140,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Edible Arrangements franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 5 existing jobs. 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. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Small Business Loan Source LLC that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Browse All Business Loan Sources for Texas
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