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April 30, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Golden Corral 558 Loan | ||||
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How to Get SBA Loans in San Antonio, Texas
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Texas Entrepreneur Secures Financing to Buy Golden Corral restaurant FranchiseNeed a loan to buy a Golden Corral restaurant franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in San Antonio, Texas needed money to invest in a Golden Corral restaurant franchise back in 2007. Ups Capital Business Credit issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower GOLDEN CORRAL 558 SBA Loan Lender UPS CAPITAL BUSINESS CREDIT SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/21/2007 Loan Approval Gross Amount $1,900,000 Loan Approval from the SBA Of the total $1,900,000 loan amount, the SBA guaranteed $1,425,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Golden Corral restaurant franchise. At the time of the loan, the company had 60 employees. This SBA loan request indicated that the loan would help retain 60 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Ups Capital Business Credit had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Ups Capital Business Credit made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Obtaining Funding From a Venture Capitalist SBA 7A Banks for Windsor, Connecticut Loans
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