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November 21, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > New York, Business Loans > Newtek Small Business Finance Inc. New York Business Loans > Bounce U Loan | ||||
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Banks for Franchise Loans in Texas
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Plano, TX Entrepreneur Gets SBA Loan to Buy Bounce U FranchiseNeed a loan to invest in a Bounce U franchise? Newtek Small Business Finance Inc. has a history of making these loans and they are guaranteed by the SBA. If you live near Plano, Texas and are interested in buying a Bounce U franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Newtek Small Business Finance Inc.. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower BOUNCE U SBA Loan Lender NEWTEK SMALL BUSINESS FINANCE INC. 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 812990 - Personal Services Loan Approval Date 4/17/2007 Loan Approval Gross Amount $259,600 Loan Approval from the SBA Of the total $259,600 loan amount, the SBA guaranteed $194,700. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Bounce U franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Best New York, New York Banks for Small Business
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