Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Where to Get a Business Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Great Frame the Franchise

Borrowing money to purchase a Great Frame the franchise? Sterling Bank has a history of making these loans and they are guaranteed by the SBA.

Great Frame the franchise loans are available to Spring, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Sterling Bank, based in Houston, Texas, issued an SBA franchise loan for a Great Frame the franchise in 2004. We've got all the details on this Texas small business loan.

SBA Loan Borrower

THE GREAT FRAME UP
SPRING, TX 77388

SBA Loan Lender

STERLING BANK
2550 N LOOP WEST
HOUSTON, TX 77092

This lender provides SBA small business 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

238130 - Framing Contractors

Loan Approval Date

8/20/2004

Loan Approval Gross Amount

$155,000

Loan Approval from the SBA

Of the total $155,000 loan amount, the SBA guaranteed $116,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Great Frame the franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the funding would help create 1 new job.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Spring TX, you ought to talk with a local Spring SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Spring businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Famous Venture Capitalists

Who Lends Money to Small Businesses in Houston, Texas

Texas SBA 7A Lenders