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May 5, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Fredericksburg, Business Loans > Security State Bank & Trust Fredericksburg Business Loans > Bahama Buck's Loan | ||||
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Marble Falls, Texas Bank Loan
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Loan to Buy Bahama Buck's Franchise Issued By Security State Bank & TrustBorrowing money to invest in a Bahama Buck's franchise? Security State Bank & Trust has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Bahama Buck's franchise shouldn't be too tough. In 2005, Security State Bank & Trust issued an SBA franchise loan to an entrepreneur in Marble Falls, Texas. Because Bahama Buck's was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis. SBA Loan Borrower BAHAMA BUCK'S SBA Loan Lender SECURITY STATE BANK & TRUST The lender provided this business 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 311520 - Ice Cream and Frozen Dessert Manufacturing Loan Approval Date 10/19/2005 Loan Approval Gross Amount $290,000 Loan Approval from the SBA Of the total $290,000 loan amount, the SBA guaranteed $145,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Bahama Buck's franchise. At the time of the loan, the company had 12 employees. This SBA loan request indicated that the loan would help create 12 new jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Bahama Buck's Original Shaved Ice Co. Small Business Banks in Fredericksburg, Texas
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