Borrow Money to Buy a Best Value Inn Franchise

Need a loan to buy a Best Value Inn franchise? The Laredo National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Best Value Inn franchise? If so, here's a 2000 SBA franchise loan that you should know about. The Laredo National Bank was the lender and the entrepreneur was based in San Antonio, Texas.

SBA Loan Borrower

BEST VALUE INN
SAN ANTONIO, TX 78201

SBA Loan Lender

THE LAREDO NATIONAL BANK
525 S MAIN ST
DEL RIO, TX 78840

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.

SIC Code

7011 - Hotels and Motels

Loan Approval Date

3/31/2000

Loan Approval Gross Amount

$700,000

Loan Approval from the SBA

Of the total $700,000 loan amount, the SBA guaranteed $525,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Best Value Inn franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the borrowed money would help create 6 new jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Best Value Inn

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Where to Get an SBA Loan in Del Rio, Texas

SBA Texas Lenders