Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Business Loans for Lewisville Entrepreneurs

 

 
Loan Census SBA Loan Info

Loan to Buy Roly Poly Rolled Sandwiches Franchise Issued By State Bank Of Texas

Need a loan to invest in a Roly Poly Rolled Sandwiches franchise? State Bank Of Texas has a history of making these loans and they are guaranteed by the SBA.

If you live near Lewisville, Texas and are interested in buying a Roly Poly Rolled Sandwiches franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by State Bank Of Texas. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

ROLY POLY NORTH TEXAS
LEWISVILLE, TX 75067

SBA Loan Lender

STATE BANK OF TEXAS
605 W AIRPORT FREEWAY
IRVING, TX 75060

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

12/13/2002

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Roly Poly Rolled Sandwiches franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 5 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from State Bank Of Texas 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:

Roly Poly Rolled Sandwiches

How to Raise Money

Where to Get an SBA Loan in Irving, Texas

Getting an SBA Loan in Texas