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May 4, 2024  
 
 
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Is It Possible to Borrow Money for a Franchise in Saginaw, Texas?

 

 
Loan Census SBA Loan Info

Texas Entrepreneur Secures Financing to Buy Taco Casa Franchise

Borrowing money to purchase a Taco Casa franchise? Southwest Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Saginaw, Texas and are interested in buying a Taco Casa franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Southwest Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

TACO CASA
SAGINAW, TX 76179

SBA Loan Lender

SOUTHWEST BANK
3737 SW LOOP 820
FORT WORTH, TX 76133

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.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

2/25/2002

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 35 employees. This SBA loan request indicated that the loan would help generate 30 new jobs and retain 35 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 Southwest Bank 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.

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