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November 21, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Massage Envy Loan | ||||
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Small Business Banks for Prairieville Small Businesses
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Small Business Loan Source LLC Provides SBA Loan to Buy Massage Envy FranchiseNeed money to buy a Massage Envy franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Prairieville, Louisiana needed money to invest in a Massage Envy franchise back in 2007. Small Business Loan Source LLC issued an SBA franchise loan. Here are the details on this Louisiana small business loan. SBA Loan Borrower MASSAGE ENVY SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812990 - Personal Services Loan Approval Date 9/27/2007 Loan Approval Gross Amount $330,000 Loan Approval from the SBA Of the total $330,000 loan amount, the SBA guaranteed $247,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Massage Envy franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 18 new jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Small Business Loan Source LLC and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: SBA 7A Banks in Houston, Texas
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