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November 23, 2024  
 
 
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Southwest Bank SBA 7A Franchise Loans

 

 
Loan Census SBA Loan Info

Rockwall, TX Entrepreneur Gets SBA Loan to Buy Budget Blinds Franchise

Need money to buy a Budget Blinds franchise? Southwest Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Budget Blinds franchise? If so, here's a 2002 SBA franchise loan that you should know about. Southwest Bank was the lender and the entrepreneur was based in Rockwall, Texas.

SBA Loan Borrower

BUDGET BLINDS OF ROCKWALL
ROCKWALL, TX 75087

SBA Loan Lender

SOUTHWEST BANK
3737 SW LOOP 820
FORT WORTH, TX 76133

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

442291 - Window Treatment Stores

Loan Approval Date

7/17/2002

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Budget Blinds franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

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

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Budget Blinds

The Friends and Family Network

Banks in Fort Worth, Texas

Getting an SBA Loan in Texas