Loan to Buy Visiting Angels Franchise Issued By First Bank & Trust Company

Borrowing money to buy a Visiting Angels franchise? First Bank & Trust Company has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Visiting Angels franchise shouldn't be too tough. In 2007, First Bank & Trust Company issued an SBA franchise loan to an entrepreneur in Lubbock, Texas. Because Visiting Angels was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

ANGELS FOR HIRE, LP
LUBBOCK, TX 79414

SBA Loan Lender

FIRST BANK & TRUST COMPANY
7806 INDIANA AVE
LUBBOCK, TX 79423

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621610 - Home Health Care Services

Loan Approval Date

11/7/2007

Loan Approval Gross Amount

$164,200

Loan Approval from the SBA

Of the total $164,200 loan amount, the SBA guaranteed $123,150.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Visiting Angels franchise. At the time of the loan, the company had 55 employees. The loan application indicated that the loan would help generate 12 new jobs and retain 55 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We've showcased information on this loan to let you know that businesses like yours 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.

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