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April 28, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Flower Mound, Business Loans > Compass Bank Flower Mound Business Loans > Certa Pro Painters Loan | ||||
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Good Sources for Dallas SBA Loans
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Borrow Money to Buy a Certa Propainters FranchiseBorrowing money to invest in a Certa Propainters franchise? Compass Bank has a history of making these loans and they are guaranteed by the SBA. Certa Propainters franchise loans are available to Dallas, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Compass Bank, based in Flower Mound, Texas, issued an SBA franchise loan for a Certa Propainters franchise in 2002. We've got all the details on this Texas small business loan. SBA Loan Borrower CERTA PRO PAINTERS SBA Loan Lender COMPASS BANK This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235210 - Painting and Wall Covering Loan Approval Date 10/3/2002 Loan Approval Gross Amount $28,000 Loan Approval from the SBA Of the total $28,000 loan amount, the SBA guaranteed $23,800. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Certa Propainters franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are raising money in Dallas TX, you ought to talk with a local Dallas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dallas businesses. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Compass Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Accountant's Role in Securing Financing Best Flower Mound, Texas Banks for Small Business
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