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November 25, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > San Antonio, Business Loans > The Frost National Bank San Antonio Business Loans > Servpro Of Stafford/missouri C Loan | ||||
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Banks for Franchise Loans in Texas
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Missouri City, TX Entrepreneur Gets SBA Loan to Buy Servpro FranchiseNeed a loan to buy a Servpro franchise? The Frost National Bank has a history of making these loans and they are guaranteed by the SBA. Servpro franchise loans are available to Missouri City, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Frost National Bank, based in San Antonio, Texas, issued an SBA franchise loan for a Servpro franchise in 2002. We've got all the details on this Texas small business loan. SBA Loan Borrower SERVPRO OF STAFFORD/MISSOURI C SBA Loan Lender THE FROST NATIONAL BANK 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 811490 - Personal and Household Goods Repair and Maintenance Loan Approval Date 1/28/2002 Loan Approval Gross Amount $65,000 Loan Approval from the SBA Of the total $65,000 loan amount, the SBA guaranteed $55,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Servpro franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job. Getting an SBA Loan For Your Business If you are raising money in Missouri City TX, you ought to talk with a local Missouri City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Missouri City businesses. 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 $65,000 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. Related Links: Good Banks for Small Business in San Antonio, Texas
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