Rowlett, TX Entrepreneur Gets SBA Loan to Buy Dinner Station the Franchise

Need a loan to invest in a Dinner Station the franchise? Nexbank, Ssb has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Dinner Station the franchise? If so, here's a 2005 SBA franchise loan that you should know about. Nexbank, Ssb was the lender and the entrepreneur was based in Rowlett, Texas.

SBA Loan Borrower

THE DINNER STATION
ROWLETT, TX 75056

SBA Loan Lender

NEXBANK, SSB
13455 NOEL RD, STE 2220
DALLAS, TX 75240

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722310 - Food Service Contractors

Loan Approval Date

6/2/2005

Loan Approval Gross Amount

$116,500

Loan Approval from the SBA

Of the total $116,500 loan amount, the SBA guaranteed $99,025.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dinner Station the franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Nexbank, Ssb that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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