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April 19, 2024  
 
 
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SBA Franchise Financing Lender Humble Texas

 

 
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Small Business Loan Source LLC Provides SBA Loan to Buy Christian Brothers Automotive Franchise

Borrowing money to invest in a Christian Brothers Automotive franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Christian Brothers Automotive franchise? If so, here's a 2006 SBA franchise loan that you should know about. Small Business Loan Source LLC was the lender and the entrepreneur was based in Humble, Texas.

SBA Loan Borrower

CHRISTIAN BROTHERS AUTOMOTIVE
HUMBLE, TX 77346

SBA Loan Lender

SMALL BUSINESS LOAN SOURCE LLC
9801 WESTHEIMER RD #1100
HOUSTON, TX 77056

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811111 - General Automotive Repair

Loan Approval Date

4/18/2006

Loan Approval Gross Amount

$272,000

Loan Approval from the SBA

Of the total $272,000 loan amount, the SBA guaranteed $204,000.

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 2 employees. The loan application indicated that the funding would help create 3 new jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $272,000. How would you spend $272,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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