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May 4, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Harlingen, Business Loans > Texas State Bank Harlingen Business Loans > Tcby Healthy Sensations Loan | ||||
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Harlingen, Texas Bank Loan
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Texas Entrepreneur Secures Financing to Buy Tcby FranchiseNeed money to purchase a Tcby franchise? Texas State Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Tcby franchise is doable. In 2003, Texas State Bank issued an SBA franchise loan to an entrepreneur in Harlingen, Texas. Because Tcby was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis. SBA Loan Borrower TCBY HEALTHY SENSATIONS SBA Loan Lender TEXAS STATE 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 445299 - Specialty Food Stores Loan Approval Date 6/27/2003 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Tcby franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: Who Lends Money to Small Businesses in Harlingen, Texas Browse All Business Loan Sources for Texas
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