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April 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Highland Village, Business Loans > United Community Bank Highland Village Business Loans > D E I Management Group Of Dall Loan | ||||
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Where to Get a Bank Loan to Purchase a Franchise
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Double Oak, TX Entrepreneur Gets SBA Loan to Buy D.E.I. Management Group Of Dallas FranchiseBorrowing money to purchase a D.E.I. Management Group Of Dallas franchise? United Community Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Double Oak, Texas needed money to invest in a D.E.I. Management Group Of Dallas franchise back in 2004. United Community Bank issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower D E I MANAGEMENT GROUP OF DALL SBA Loan Lender UNITED COMMUNITY BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 611430 - Professional and Management Development Training Loan Approval Date 3/11/2004 Loan Approval Gross Amount $137,500 Loan Approval from the SBA Of the total $137,500 loan amount, the SBA guaranteed $116,875. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a D.E.I. Management Group Of Dallas franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from United Community 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Banks for Highland Village, Texas Loans
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