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December 22, 2024  
 
 
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Loan Census SBA Loan Info

Borrow Money to Buy an Embroide Me.Com Franchise

Need a loan to invest in an Embroide Me.Com franchise? Compass Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Embroide Me.Com franchise? If so, here's a 2007 SBA franchise loan that you should know about. Compass Bank was the lender and the entrepreneur was based in Phoenix, Arizona.

SBA Loan Borrower

VALLEY OF THE SUN EMBROIDERY L
PHOENIX, AZ 85037

SBA Loan Lender

COMPASS BANK
15 S 20TH ST
BIRMINGHAM, AL 35233

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

453998 - Store Retailers

Loan Approval Date

11/1/2007

Loan Approval Gross Amount

$224,300

Loan Approval from the SBA

Of the total $224,300 loan amount, the SBA guaranteed $168,225.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Embroide Me.Com franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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