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April 25, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Famous Sams #23 Loan | ||||
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Good Sources for Gilbert SBA Loans
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Arizona Entrepreneur Secures Financing to Buy Famous Sams FranchiseNeed money to invest in a Famous Sams franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA. Famous Sams franchise loans are available to Gilbert, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Small Business Loan Source LLC, based in Houston, Texas, issued an SBA franchise loan for a Famous Sams franchise in 2007. We've got all the details on this Arizona small business loan. SBA Loan Borrower FAMOUS SAMS #23 SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC 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 722211 - Limited-Service Restaurants Loan Approval Date 10/26/2007 Loan Approval Gross Amount $476,000 Loan Approval from the SBA Of the total $476,000 loan amount, the SBA guaranteed $357,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Famous Sams franchise. At the time of the loan, the company had 22 employees. The SBA loan application for the borrower indicated that the loan would help retain 22 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Where to Get an SBA Loan in Houston, Texas SBA Participating Banks in Texas
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