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April 29, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Birmingham, Business Loans > Compass Bank Birmingham Business Loans > Fastframe Loan | ||||
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Raising Money in Dallas, Texas With SBA Loans
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Compass Bank Provides SBA Loan to Buy Fast Frame FranchiseNeed a loan to invest in a Fast Frame franchise? Compass Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Dallas, Texas and are interested in buying a Fast Frame franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Compass Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower FASTFRAME SBA Loan Lender COMPASS BANK This lender provides SBA loan for small businesses 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 453998 - Store Retailers Loan Approval Date 9/23/2002 Loan Approval Gross Amount $113,000 Loan Approval from the SBA Of the total $113,000 loan amount, the SBA guaranteed $96,050. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Fast Frame franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $113,000 loan. Remember, things become real when you believe you can achieve them! 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 From a Venture Capitalist
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