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May 3, 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 > Texconsin,Llc Dba Minuteman Pr Loan | ||||
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Small Business Banks for Austin, Texas Small Businesses
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First State Bank Central Texas Provides SBA Loan to Buy Minuteman Press FranchiseBorrowing money to buy a Minuteman Press franchise? First State Bank Central Texas has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Austin, Texas needed money to invest in a Minuteman Press franchise back in 2006. First State Bank Central Texas issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower TEXCONSIN,LLC DBA MINUTEMAN PR SBA Loan Lender FIRST STATE BANK CENTRAL TEXAS This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 323119 - Commercial Printing Loan Approval Date 9/8/2006 Loan Approval Gross Amount $49,500 Loan Approval from the SBA Of the total $49,500 loan amount, the SBA guaranteed $24,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Minuteman Press franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. 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 First State Bank Central Texas 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: Minuteman Press International, Inc. Find an SBA Lender in Austin, Texas
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