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April 23, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Pump It Up Loan | ||||
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Banks for Longview, Texas Business Owners
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Longview, TX Entrepreneur Gets SBA Loan to Buy Pump It Up FranchiseNeed money to buy a Pump It Up franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA. Pump It Up franchise loans are available to Longview, Texas 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 Pump It Up franchise in 2006. We've got all the details on this Texas small business loan. SBA Loan Borrower PUMP IT UP 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 713990 - Amusement and Recreation Industries Loan Approval Date 8/28/2006 Loan Approval Gross Amount $585,000 Loan Approval from the SBA Of the total $585,000 loan amount, the SBA guaranteed $438,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Pump It Up franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $585,000 loan. Remember, things become real when you believe you can achieve them! 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: SBA Participating Banks in Houston, Texas
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