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March 28, 2024  
 
 
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Where to Get an SBA Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Granbury, TX Entrepreneur Gets SBA Loan to Buy Tcby Franchise

Need money to invest in a Tcby franchise? First Finan Bank has a history of making these loans and they are guaranteed by the SBA.

Tcby franchise loans are available to Granbury, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Finan Bank, based in Stephenville, Texas, issued an SBA franchise loan for a Tcby franchise in 2005. We've got all the details on this Texas small business loan.

SBA Loan Borrower

TCBY
GRANBURY, TX 76048

SBA Loan Lender

FIRST FINAN BANK
2201 W SOUTH LOOP
STEPHENVILLE, TX 76401

This lender issued this particular bank 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

722211 - Limited-Service Restaurants

Loan Approval Date

1/31/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Tcby franchise. At the time of the loan, the company had 18 employees. The loan application did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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.

Related Links:

TCBY Systems, LLC

Choosing VC Firms

SBA Participating Banks in Stephenville, Texas

Texas SBA Bank Lenders