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May 5, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Fort Worth, Business Loans > Southwest Bank Fort Worth Business Loans > Andy' Frozen Custard Loan | ||||
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Tyler, Texas Bank Loan
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Borrow Money to Buy an Andy's Frozen Custard FranchiseBorrowing money to purchase an Andy's Frozen Custard franchise? Southwest Bank has a history of making these loans and they are guaranteed by the SBA. Andy's Frozen Custard franchise loans are available to Tyler, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Southwest Bank, based in Fort Worth, Texas, issued an SBA franchise loan for an Andy's Frozen Custard franchise in 2005. We've got all the details on this Texas small business loan. SBA Loan Borrower ANDY' FROZEN CUSTARD SBA Loan Lender SOUTHWEST BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 10/19/2005 Loan Approval Gross Amount $96,000 Loan Approval from the SBA Of the total $96,000 loan amount, the SBA guaranteed $81,600. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Andy's Frozen Custard franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 21 new jobs and retain 25 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $96,000 loan. Remember, if it to be, it is up to me! 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: Andy's Frozen Custard Franchising, L.L.C. Who Lends Money to Small Businesses in Fort Worth, Texas
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