Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

Lubbock, Texas Bank Loan

 

 
Loan Census SBA Loan Info

Lubbock National Bank Provides SBA Loan to Buy Alta Mere Window Tinting & Auto Franchise

Need a loan to buy an Alta Mere Window Tinting & Auto franchise? Lubbock National Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Lubbock, Texas and are interested in buying an Alta Mere Window Tinting & Auto franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Lubbock National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

ALTA MERE WINDOW TINTING AND A
LUBBOCK, TX 79414

SBA Loan Lender

LUBBOCK NATIONAL BANK
4811 50TH ST
LUBBOCK, TX 79414

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

441310 - Automotive Parts and Accessories Stores

Loan Approval Date

10/14/2005

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Alta Mere Window Tinting & Auto franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Alta Mere Window Tinting and Auto Alarms

Obtaining Funding From a Venture Capitalist

SBA 7A Banks in Lubbock, Texas

SBA Texas Banks