Borrow Money to Buy a Ford Motor dealers Franchise

Need a loan to buy a Ford Motor dealers franchise? First Finan Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Ford Motor dealers franchise requires some effort but others before you have been successful. In 2004, First Finan Bank issued an SBA franchise loan to an entrepreneur in Stephenville, Texas. Because Ford Motor dealers was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

TEXSTAR FORD LINCOLN-MERCURY
STEPHENVILLE, TX 76401

SBA Loan Lender

FIRST FINAN BANK
2201 W SOUTH LOOP
STEPHENVILLE, TX 76401

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441110 - New Car Dealers

Loan Approval Date

10/5/2004

Loan Approval Gross Amount

$683,000

Loan Approval from the SBA

Of the total $683,000 loan amount, the SBA guaranteed $512,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Ford Motor dealers franchise. At the time of the loan, the company had 42 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

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.

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SBA 7A Banks for Stephenville, Texas Loans

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