 |
 |
April 20, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Texas Business Loan Sources > Birmingham, Business Loans > Compass Bank Birmingham Business Loans > Great Clips Loan | ||||
 |
||||
Texas Small Business Funding for Franchises
|
||||
 |
Borrow Money to Buy a Great Clips FranchiseNeed a loan to invest in a Great Clips franchise? Compass Bank has a history of making these loans and they are guaranteed by the SBA. Great Clips franchise loans are available to Flower Mound, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Compass Bank, based in Birmingham, Alabama, issued an SBA franchise loan for a Great Clips franchise in 2003. We've got all the details on this Texas small business loan. SBA Loan Borrower GREAT CLIPS SBA Loan Lender COMPASS BANK This lender provides SBA small business loans 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 812112 - Beauty Salons Loan Approval Date 6/19/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Great Clips franchise. At the time of the loan, the company had 9 employees. The loan application indicated that the loan would help retain 9 existing jobs. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Determining Proper Capital Structure for a Business SBA 7A Lenders in Birmingham, Alabama
|
|
||
|
||||
|
|
||||