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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Planet Beach Tanning Salon Loan | ||||
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Raising Money in Jacksonville, Florida With SBA Loans
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Florida Entrepreneur Secures Financing to Buy Planet Beach FranchiseBorrowing money to invest in a Planet Beach franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA. Planet Beach franchise loans are available to Jacksonville, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Small Business Loan Source LLC, based in Houston, Texas, issued an SBA franchise loan for a Planet Beach franchise in 2007. We've got all the details on this Florida small business loan. SBA Loan Borrower PLANET BEACH TANNING SALON SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812990 - Personal Services Loan Approval Date 10/19/2007 Loan Approval Gross Amount $420,000 Loan Approval from the SBA Of the total $420,000 loan amount, the SBA guaranteed $315,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Planet Beach franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help create 4 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Small Business Loan Source LLC so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: A Company That Helps Entrepreneurs SBA Participating Banks in Houston, Texas
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