Small Business Loan Source LLC Provides SBA Loan to Buy Christian Brothers Automotive Franchise

Need money to buy a Christian Brothers Automotive franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Christian Brothers Automotive franchise requires some effort but others before you have been successful. In 2006, Small Business Loan Source LLC issued an SBA franchise loan to an entrepreneur in Irving, Texas. Because Christian Brothers Automotive was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

CHRISTIAN BROTHERS AUTOMOTIVE
IRVING, TX 75063

SBA Loan Lender

SMALL BUSINESS LOAN SOURCE LLC
9801 WESTHEIMER RD #1100
HOUSTON, TX 77056

This lender provides SBA loan for small businesses 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.

NAICS Code

811111 - General Automotive Repair

Loan Approval Date

12/13/2006

Loan Approval Gross Amount

$267,000

Loan Approval from the SBA

Of the total $267,000 loan amount, the SBA guaranteed $200,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Christian Brothers Automotive franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the funding would help create 4 new jobs.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $267,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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