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April 27, 2024  
 
 
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I Need a Business Loan to Buy a Franchise in Las Vegas, Nevada

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Image Sun Franchise

Need money to buy an Image Sun franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Las Vegas, Nevada needed money to invest in an Image Sun franchise back in 2007. Small Business Loan Source LLC issued an SBA franchise loan. Here are the details on this Nevada small business loan.

SBA Loan Borrower

IMAGE SUN TANNING CENTER
LAS VEGAS, NV 89184

SBA Loan Lender

SMALL BUSINESS LOAN SOURCE LLC
9801 WESTHEIMER RD #1100
HOUSTON, TX 77056

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

1/9/2007

Loan Approval Gross Amount

$389,000

Loan Approval from the SBA

Of the total $389,000 loan amount, the SBA guaranteed $291,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Image Sun franchise. At the time of the loan, the company had only one employee. The loan application indicated that the funding would help generate 4 new jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Small Business Loan Source LLC so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Image Sun Tanning Centers

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