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March 29, 2024  
 
 
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Loan Census SBA Loan Info

Borrow Money to Buy a Christian Brothers Automotive Franchise

Borrowing money to buy a Christian Brothers Automotive franchise? Texas First Bank Santa Fe has a history of making these loans and they are guaranteed by the SBA.

Christian Brothers Automotive franchise loans are available to Houston, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Texas First Bank Santa Fe, based in Friendswood, Texas, issued an SBA franchise loan for a Christian Brothers Automotive franchise in 2005. We've got all the details on this Texas small business loan.

SBA Loan Borrower

CHRISTIAN BRO AUTO COPPERFIELD
HOUSTON, TX 77095

SBA Loan Lender

TEXAS FIRST BANK SANTA FE
111 W PARKWOOD
FRIENDSWOOD, TX 77546

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7538 - General Automotive Repair Shops

NAICS Code

811111 - General Automotive Repair

Loan Approval Date

2/3/2005

Loan Approval Gross Amount

$235,000

Loan Approval from the SBA

Of the total $235,000 loan amount, the SBA guaranteed $176,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Christian Brothers Automotive franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the small business promised to use the loan proceeds to add 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.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Texas First Bank Santa Fe so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Christian Brothers Automotive

How Much Venture Capital Is There?

SBA Approved Banks in Friendswood, Texas

Texas SBA 7A Lenders