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May 2, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > North Richland Hills, Business Loans > The Frost National Bank North Richland Hills Business Loans > Fly Fee Loan | ||||
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Advice for Getting a Franchise Loan
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Arlington, TX Entrepreneur Gets SBA Loan to Buy Butterfly Life FranchiseNeed money to buy a Butterfly Life franchise? The Frost National Bank has a history of making these loans and they are guaranteed by the SBA. Butterfly Life franchise loans are available to Arlington, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Frost National Bank, based in North Richland Hills, Texas, issued an SBA franchise loan for a Butterfly Life franchise in 2007. We've got all the details on this Texas small business loan. SBA Loan Borrower FLY FEE SBA Loan Lender THE FROST NATIONAL BANK 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 713940 - Fitness and Recreational Sports Centers Loan Approval Date 2/13/2007 Loan Approval Gross Amount $140,400 Loan Approval from the SBA Of the total $140,400 loan amount, the SBA guaranteed $105,300. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Butterfly Life franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the borrowed money would help create 1 new job. Start the Process for Getting an SBA Loan Today! Don't forget. To get an SBA loan, you must 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. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Find an SBA Lender in North Richland Hills, Texas
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