Loan to Buy Extra Innings Training Centers Franchise Issued By Crosby State Bank

Need money to invest in an Extra Innings Training Centers franchise? Crosby State Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Humble, Texas needed money to invest in an Extra Innings Training Centers franchise back in 2006. Crosby State Bank issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

EXTRA INNINGS - HUMBLE
HUMBLE, TX 77346

SBA Loan Lender

CROSBY STATE BANK
19010 W LAKE HOUSTON PKWY
HUMBLE, TX 77346

This lender issued this small business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

9/19/2006

Loan Approval Gross Amount

$112,500

Loan Approval from the SBA

Of the total $112,500 loan amount, the SBA guaranteed $95,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Extra Innings Training Centers franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Crosby State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Crosby State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

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Best Humble, Texas Banks for Small Business

Texas SBA 7A Banks