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April 25, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Creve Coeur, Business Loans > First Bank Creve Coeur Business Loans > Paul Welch Properties LLC Loan | ||||
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Best Banks for Flower Mound, Texas Entrepreneurs
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Loan to Buy Christian Brothers Automotive Franchise Issued By First BankBorrowing money to invest in a Christian Brothers Automotive franchise? First Bank has a history of making these loans and they are guaranteed by the SBA. Christian Brothers Automotive franchise loans are available to Flower Mound, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Bank, based in Creve Coeur, Missouri, issued an SBA franchise loan for a Christian Brothers Automotive franchise in 2007. We've got all the details on this Texas small business loan. SBA Loan Borrower PAUL WELCH PROPERTIES LLC SBA Loan Lender FIRST BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811111 - General Automotive Repair Loan Approval Date 10/24/2007 Loan Approval Gross Amount $1,429,500 Loan Approval from the SBA Of the total $1,429,500 loan amount, the SBA guaranteed $1,072,125. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Christian Brothers Automotive franchise. At the time of the loan, the company had 15 employees. The SBA loan documents indicated that the loan would help retain 15 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: SBA 7A Banks in Creve Coeur, Missouri
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