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April 27, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Logan Farms Honey Glazed Hams Loan | ||||
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Texas Small Business Funding for Franchises
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Texas Entrepreneur Secures Financing to Buy Logan Farms Honey Glazed Hams FranchiseNeed a loan to invest in a Logan Farms Honey Glazed Hams franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Houston, Texas needed money to invest in a Logan Farms Honey Glazed Hams franchise back in 2000. Washington Mutual Bank issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower LOGAN FARMS HONEY GLAZED HAMS SBA Loan Lender WASHINGTON MUTUAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5147 - Meats and Meat Products Loan Approval Date 3/22/2000 Loan Approval Gross Amount $400,600 Loan Approval from the SBA Of the total $400,600 loan amount, the SBA guaranteed $300,450. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Logan Farms Honey Glazed Hams franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the borrowed money would help create 5 new jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Washington Mutual Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Role of Business Plan When Raising Money SBA 7A Banks in Henderson, Nevada
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