Borrow Money to Buy a Comfort Keepers Franchise

Need money to buy a Comfort Keepers franchise? Texas State Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Comfort Keepers franchise shouldn't be too tough. In 2003, Texas State Bank issued an SBA franchise loan to an entrepreneur in Winnie, Texas. Because Comfort Keepers was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

COMFORT KEEPERS
WINNIE, TX 77665

SBA Loan Lender

TEXAS STATE BANK
700 CALDER
BEAUMONT, TX 77701

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

4/9/2003

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Comfort Keepers franchise. At the time of the loan, the company had 25 employees. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $75,000 loan. Remember, anyone can do it... so why not you?

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:

Comfort Keepers

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Where to Get an SBA Loan in Beaumont, Texas

Texas SBA 7A Lenders