Borrow Money to Buy a Liberty Tax Service Franchise

Need a loan to buy a Liberty Tax Service franchise? Seaway Community Bank has a history of making these loans and they are guaranteed by the SBA.

Liberty Tax Service franchise loans are available to New Baltimore, Michigan entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Seaway Community Bank, based in Saint Clair, Michigan, issued an SBA franchise loan for a Liberty Tax Service franchise in 2005. We've got all the details on this Michigan small business loan.

SBA Loan Borrower

LIBERTY TAX SERVICE
NEW BALTIMORE, MI 48047

SBA Loan Lender

SEAWAY COMMUNITY BANK
1960 FRED MOORE HWY
SAINT CLAIR, MI 48079

This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541219 - Accounting Services

Loan Approval Date

8/1/2005

Loan Approval Gross Amount

$61,500

Loan Approval from the SBA

Of the total $61,500 loan amount, the SBA guaranteed $52,275.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Liberty Tax Service franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Liberty Tax Service

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