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March 28, 2024  
 
 
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Raising Money in Frisco, Texas With SBA Loans

 

 
Loan Census SBA Loan Info

Frisco, TX Entrepreneur Gets SBA Loan to Buy Flicks Home Video Franchise

Need a loan to invest in a Flicks Home Video franchise? Grand Bank Of Texas has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Flicks Home Video franchise may simply require a phone call to a local SBA banker. In 2004, Grand Bank Of Texas issued an SBA franchise loan to an entrepreneur in Frisco, Texas. Because Flicks Home Video was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

FLICKS HOME VIDEO
FRISCO, TX 75035

SBA Loan Lender

GRAND BANK OF TEXAS
2341 S BELTLINE RD
GRAND PRAIRIE, TX 75051

This lender issued this particular business 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

532230 - Video Tape and Disc Rental

Loan Approval Date

5/24/2004

Loan Approval Gross Amount

$137,600

Loan Approval from the SBA

Of the total $137,600 loan amount, the SBA guaranteed $116,960.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Flicks Home Video franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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