Loan to Buy Jackson Hewitt Tax Service Franchise Issued By Regions Bank

Need money to purchase a Jackson Hewitt Tax Service franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.

Jackson Hewitt Tax Service franchise loans are available to Sanford, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Regions Bank, based in Birmingham, Alabama, issued an SBA franchise loan for a Jackson Hewitt Tax Service franchise in 2001. We've got all the details on this Florida small business loan.

SBA Loan Borrower

JACKSON HEWITT TAX SERVICES
SANFORD, FL 32771

SBA Loan Lender

REGIONS BANK
1900 5TH AVE NORTH
BIRMINGHAM, AL 35203

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541213 - Tax Preparation Services

Loan Approval Date

10/23/2001

Loan Approval Gross Amount

$225,000

Loan Approval from the SBA

Of the total $225,000 loan amount, the SBA guaranteed $168,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Jackson Hewitt Tax Service franchise. At the time of the loan, the company had 2 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

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Regions Bank and they will explain how you can get an SBA loan for your company.

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:

Jackson Hewitt Tax Service

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SBA 7A Banks in Birmingham, Alabama

Getting an SBA Loan in Alabama