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November 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Irving, Business Loans > Citicapital Small Business Finance Irving Business Loans > Blimpie/pasta Central Loan | ||||
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Business Loans for San Marcos Small Businesses
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San Marcos, TX Entrepreneur Gets SBA Loan to Buy Blimpie FranchiseNeed a loan to buy a Blimpie franchise? Citicapital Small Business Finance has a history of making these loans and they are guaranteed by the SBA. If you live near San Marcos, Texas and are interested in buying a Blimpie franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by Citicapital Small Business Finance. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower BLIMPIE/PASTA CENTRAL SBA Loan Lender CITICAPITAL SMALL BUSINESS FINANCE This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 2/15/2000 Loan Approval Gross Amount $182,000 Loan Approval from the SBA Of the total $182,000 loan amount, the SBA guaranteed $136,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Blimpie franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. We can help you find the best banks for small businesses in San Marcos or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Where to Get an SBA Loan in Irving, Texas Where to Get an SBA Loan Texas
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