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March 28, 2024  
 
 
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Is It Possible to Borrow Money for a Franchise in Katy, Texas?

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Massage Envy Franchise

Borrowing money to buy a Massage Envy franchise? Texas First Bank Santa Fe has a history of making these loans and they are guaranteed by the SBA.

If you live near Katy, Texas and are interested in buying a Massage Envy franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Texas First Bank Santa Fe. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

MASSAGE ENVY CINCO RANCH
KATY, TX 77494

SBA Loan Lender

TEXAS FIRST BANK SANTA FE
12402 HWY 6
SANTA FE, TX 77510

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

621399 - Health Practitioners

Loan Approval Date

12/19/2007

Loan Approval Gross Amount

$321,200

Loan Approval from the SBA

Of the total $321,200 loan amount, the SBA guaranteed $240,900.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Massage Envy franchise. At the time of the loan, the company had 5 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.

Getting an SBA Loan For Your Business

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

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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