Texas Entrepreneur Secures Financing to Buy Remax Franchise
Borrowing money to invest in a Remax franchise? Nexbank, Ssb has a history of making these loans and they are guaranteed by the SBA.
Remax franchise loans are available to Terrell, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Nexbank, Ssb, based in Dallas, Texas, issued an SBA franchise loan for a Remax franchise in 2004. We've got all the details on this Texas small business loan.
SBA Loan Borrower
REMAX
TERRELL, TX 75160
SBA Loan Lender
NEXBANK, SSB
13455 NOEL RD, STE 2220
DALLAS, TX 75240
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
531210 - Real Estate Agents and Brokers
Loan Approval Date
9/13/2004
Loan Approval Gross Amount
$55,000
Loan Approval from the SBA
Of the total $55,000 loan amount, the SBA guaranteed $46,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Remax franchise. At the time of the loan, the company
had 15 employees. The loan application did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
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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