Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

Kerrville, Texas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Kerrville, TX Entrepreneur Gets SBA Loan to Buy Taco Casa Franchise

Need money to purchase a Taco Casa franchise? Bank - Hills A Division - has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Taco Casa franchise? If so, here's a 2003 SBA franchise loan that you should know about. Bank - Hills A Division - was the lender and the entrepreneur was based in Kerrville, Texas.

SBA Loan Borrower

TACO CASA
KERRVILLE, TX 78029

SBA Loan Lender

BANK - HILLS A DIVISION -
1075 JUNCTION HWY
KERRVILLE, TX 78028

This debt financing was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

1/22/2003

Loan Approval Gross Amount

$550,000

Loan Approval from the SBA

Of the total $550,000 loan amount, the SBA guaranteed $412,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Taco Casa franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Taco Casa

Obtaining Funding - Friends and Family

Who Lends Money to Small Businesses in Kerrville, Texas

SBA Lenders in Texas