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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Universal City, Business Loans > Texstar National Bank Universal City Business Loans > Aerus Electrolux Loan | ||||
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Texas Small Business Funding for Franchises
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San Antonio, TX Entrepreneur Gets SBA Loan to Buy Aerus Electrolux FranchiseNeed money to buy an Aerus Electrolux franchise? Texstar National Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in San Antonio, Texas needed money to invest in an Aerus Electrolux franchise back in 2006. Texstar National Bank issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower AERUS ELECTROLUX SBA Loan Lender TEXSTAR NATIONAL BANK This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 423620 - Electrical and Electronic Appliance, Television, and Radio Sets Loan Approval Date 8/15/2006 Loan Approval Gross Amount $37,500 Loan Approval from the SBA Of the total $37,500 loan amount, the SBA guaranteed $18,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an Aerus Electrolux franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! If you have been wondering how do i get money to start a business in San Antonio TX, you ought to talk with a local San Antonio SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Antonio 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 Texstar National Bank 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 Universal City, Texas
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