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May 2, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Arlington, Business Loans > Southwest Securities, Fsb Arlington Business Loans > Dennys Restaurant Loan | ||||
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SBA 7A Banks in Texas
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Southwest Securities, Fsb Provides SBA Loan to Buy Denny's Restaurant FranchiseBorrowing money to invest in a Denny's Restaurant franchise? Southwest Securities, Fsb has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Denny's Restaurant franchise is doable. In 2007, Southwest Securities, Fsb issued an SBA franchise loan to an entrepreneur in Abilene, Texas. Because Denny's Restaurant was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis. SBA Loan Borrower DENNYS RESTAURANT SBA Loan Lender SOUTHWEST SECURITIES, FSB This lender provides SBA 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 722110 - Full-Service Restaurants Loan Approval Date 11/21/2007 Loan Approval Gross Amount $1,546,000 Loan Approval from the SBA Of the total $1,546,000 loan amount, the SBA guaranteed $1,159,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Denny's Restaurant franchise. At the time of the loan, the company had 50 employees. This SBA loan request indicated that the loan would help retain 50 existing jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This SBA loan was for $1,546,000. How would you spend $1,546,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 - How to Decide How Much to Raise Good Banks for Small Business in Arlington, Texas
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