Loan to Buy Sign-A-Rama Franchise Issued By Nexbank, Ssb
Borrowing money to purchase a Sign-A-Rama franchise? Nexbank, Ssb has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Irving, Texas needed money to invest in a Sign-A-Rama franchise back in 2005. Nexbank, Ssb issued an SBA franchise loan. Here are the details on this Texas small business loan.
SBA Loan Borrower
SIGN-A-RAMA - IRVING TX
IRVING, TX 75062
SBA Loan Lender
NEXBANK, SSB
13455 NOEL RD, STE 2220
DALLAS, TX 75240
This lender provides SBA debt financing 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
339950 - Sign Manufacturing
Loan Approval Date
9/14/2005
Loan Approval Gross Amount
$128,000
Loan Approval from the SBA
Of the total $128,000 loan amount, the SBA guaranteed $108,800.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Sign-A-Rama franchise. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Nexbank, Ssb had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Nexbank, Ssb 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:
SIGN*A*RAMA
Business Cash Advances
Small Business Banks in Dallas, Texas
Texas SBA Bank Lenders