 |
 |
November 21, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Texas Business Loan Sources > Birmingham, Business Loans > Compass Bank Birmingham Business Loans > Maaco Collision Repair & Paint Loan | ||||
 |
||||
How to Get SBA Loans in San Antonio, Texas
|
||||
 |
Borrow Money to Buy a Maaco Auto Painting Center FranchiseBorrowing money to invest in a Maaco Auto Painting Center franchise? Compass 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 a Maaco Auto Painting Center franchise back in 2007. Compass Bank issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower MAACO COLLISION REPAIR & PAINT SBA Loan Lender COMPASS BANK 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 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 10/26/2007 Loan Approval Gross Amount $1,388,700 Loan Approval from the SBA Of the total $1,388,700 loan amount, the SBA guaranteed $1,041,525. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Maaco Auto Painting Center franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 8 new jobs and retain 8 existing jobs. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Realistic Debt Financing Options SBA 7A Banks in Birmingham, Alabama
|
|
||
|
||||
|
|
||||