Odessa, TX Entrepreneur Gets SBA Loan to Buy C.D. Warehouse Franchise

Need a loan to purchase a C.D. Warehouse franchise? Southwest Bank has a history of making these loans and they are guaranteed by the SBA.

C.D. Warehouse franchise loans are available to Odessa, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Southwest Bank, based in Odessa, Texas, issued an SBA franchise loan for a C.D. Warehouse franchise in 2005. We've got all the details on this Texas small business loan.

SBA Loan Borrower

CD WAREHOUSE
ODESSA, TX 79765

SBA Loan Lender

SOUTHWEST BANK
4800 E 42ND ST
ODESSA, TX 79762

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

451220 - Prerecorded Tape, Compact Disc, and Record Stores

Loan Approval Date

9/1/2005

Loan Approval Gross Amount

$129,800

Loan Approval from the SBA

Of the total $129,800 loan amount, the SBA guaranteed $110,330.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a C.D. Warehouse franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Southwest Bank 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:

Small Business Credit Cards

SBA Participating Banks in Odessa, Texas

SBA Participating Banks in Texas