Mansfield, TX Entrepreneur Gets SBA Loan to Buy Planet Beach Franchise
Need a loan to invest in a Planet Beach franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Planet Beach franchise? If so, here's a 2000 SBA franchise loan that you should know about. Jpmorgan Chase Bank was the lender and the entrepreneur was based in Mansfield, Texas.
SBA Loan Borrower
PLANET BEACH TAN
MANSFIELD, TX 76063
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
7299 - Personal Services
Loan Approval Date
8/28/2000
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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.
Related Links:
Planet Beach Tanning Spa
Determining Proper Capital Structure for a Business
Who Lends Money to Small Businesses in Houston, Texas
Texas SBA 7A Lenders