Robstown, TX Entrepreneur Gets SBA Loan to Buy H & R Block Franchise

Need a loan to purchase a H & R Block franchise? Valuebank Texas has a history of making these loans and they are guaranteed by the SBA.

H & R Block franchise loans are available to Robstown, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Valuebank Texas, based in Corpus Christi, Texas, issued an SBA franchise loan for a H & R Block franchise in 2002. We've got all the details on this Texas small business loan.

SBA Loan Borrower

H&R BLOCK
ROBSTOWN, TX 76380

SBA Loan Lender

VALUEBANK TEXAS
3649 LEOPARD ST
CORPUS CHRISTI, TX 78408

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

541213 - Tax Preparation Services

Loan Approval Date

6/25/2002

Loan Approval Gross Amount

$216,500

Loan Approval from the SBA

Of the total $216,500 loan amount, the SBA guaranteed $162,375.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a H & R Block franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Valuebank Texas 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:

H&R Block

Microlending as a Small Business Funding Source

Small Business Banks in Corpus Christi, Texas

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