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April 16, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Lubbock, Business Loans > First Bank & Trust Company Lubbock Business Loans > Stanley Steemer Of West Texas Loan | ||||
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Where to Get a Business Loan to Purchase a Franchise
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Borrow Money to Buy a Stanley's Steamer Carpet Cleaning FranchiseNeed money to buy a Stanley's Steamer Carpet Cleaning franchise? First Bank & Trust Company 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 a Stanley's Steamer Carpet Cleaning franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by First Bank & Trust Company. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower STANLEY STEEMER OF WEST TEXAS SBA Loan Lender FIRST BANK & TRUST COMPANY This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561740 - Carpet and Upholstery Cleaning Services Loan Approval Date 3/4/2005 Loan Approval Gross Amount $81,700 Loan Approval from the SBA Of the total $81,700 loan amount, the SBA guaranteed $69,445. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Stanley's Steamer Carpet Cleaning franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the small business planned to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you want money for new small business in Lubbock TX, you ought to talk with a local Lubbock SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lubbock businesses. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? 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: Stanley Steemer International, Inc. Determining Proper Capital Structure for a Business Good Banks for Small Business in Lubbock, Texas
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