Borrow Money to Buy a Liberty Tax Service Franchise
Borrowing money to purchase a Liberty Tax Service franchise? Tomatobank has a history of making these loans and they are guaranteed by the SBA.
Liberty Tax Service franchise loans are available to Irvine, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Tomatobank, based in City Of Industry, California, issued an SBA franchise loan for a Liberty Tax Service franchise in 2005. We've got all the details on this California small business loan.
SBA Loan Borrower
LIBERTY TAX SERVICES #3831
IRVINE, CA 92612
SBA Loan Lender
TOMATOBANK
18605 E GALE AVE, STE 100
CITY OF INDUSTRY, CA 91748
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541211 - Certified Public Accountants
Loan Approval Date
12/13/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Liberty Tax Service franchise. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Liberty Tax Service
Role of Business Plan When Raising Money
SBA Approved Banks in City Of Industry, California
California SBA Bank Lenders