Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

Business Loans for Corpus Christi Businesses

 

 
Loan Census SBA Loan Info

Loan to Buy Tropik Sun Fruit & Nut Franchise Issued By Amer Bank

Need a loan to purchase a Tropik Sun Fruit & Nut franchise? Amer Bank has a history of making these loans and they are guaranteed by the SBA.

Tropik Sun Fruit & Nut franchise loans are available to Corpus Christi, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Amer Bank, based in Corpus Christi, Texas, issued an SBA franchise loan for a Tropik Sun Fruit & Nut franchise in 2000. We've got all the details on this Texas small business loan.

SBA Loan Borrower

TROPIK SUN FRUIT & NUT
CORPUS CHRISTI, TX 78411

SBA Loan Lender

AMER BANK
711 N CARANCAHUA
CORPUS CHRISTI, TX 78411

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

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

SIC Code

5441 - Candy, Nut, and Confectionery Stores

NAICS Code

445292 - Confectionery and Nut Stores

Loan Approval Date

4/13/2000

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $60,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Tropik Sun Fruit & Nut franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Amer Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Direct Public Offerings

SBA 7A Lenders in Corpus Christi, Texas

Texas SBA 7A Lenders