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April 19, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Austin, Business Loans > First State Bank Central Texas Austin Business Loans > 1800 Radiator Of Austin Inc Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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First State Bank Central Texas Provides SBA Loan to Buy 1-800-Radiator FranchiseBorrowing money to purchase a 1-800-Radiator franchise? First State Bank Central Texas has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a 1-800-Radiator franchise shouldn't be too tough. In 2006, First State Bank Central Texas issued an SBA franchise loan to an entrepreneur in Austin, Texas. Because 1-800-Radiator was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis. SBA Loan Borrower 1800 RADIATOR OF AUSTIN INC SBA Loan Lender FIRST STATE BANK CENTRAL TEXAS This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441310 - Automotive Parts and Accessories Stores Loan Approval Date 11/1/2006 Loan Approval Gross Amount $180,000 Loan Approval from the SBA Of the total $180,000 loan amount, the SBA guaranteed $135,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a 1-800-Radiator franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 20 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 $180,000 loan. Remember, things become real when you believe you can achieve them! 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 Austin, Texas
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