Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Business Loans for Colleyville Entrepreneurs

 

 
Loan Census SBA Loan Info

Loan to Buy Fish Window Cleaning Franchise Issued By Compass Bank

Need a loan to invest in a Fish Window Cleaning franchise? Compass Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Colleyville, Texas needed money to invest in a Fish Window Cleaning franchise back in 2004. Compass Bank issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

FISH WINDOW CLEANING
COLLEYVILLE, TX 76034

SBA Loan Lender

COMPASS BANK
8875 HWY 80 WEST
FORT WORTH, TX 76116

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

11/23/2004

Loan Approval Gross Amount

$84,700

Loan Approval from the SBA

Of the total $84,700 loan amount, the SBA guaranteed $42,350.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fish Window Cleaning franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the borrowed money would help create 5 new jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you need seed money for 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:

Fish Window Cleaning Services, Inc.

Advice on Getting a Small Business Loan

Good Banks for Small Business in Fort Worth, Texas

Texas SBA Banks