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April 19, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > San Francisco, Business Loans > Bank Of The West San Francisco Business Loans > Aramore,Inc. Loan | ||||
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Mckinney, Texas Bank Loan
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Mckinney, TX Entrepreneur Gets SBA Loan to Buy Supercuts FranchiseBorrowing money to invest in a Supercuts franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Mckinney, Texas needed money to invest in a Supercuts franchise back in 2000. Bank Of The West issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower ARAMORE,INC. SBA Loan Lender BANK OF THE WEST As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7231 - Beauty Shops Loan Approval Date 8/2/2000 Loan Approval Gross Amount $123,000 Loan Approval from the SBA Of the total $123,000 loan amount, the SBA guaranteed $92,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Supercuts franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 13 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you need money to start business in Mckinney TX, you ought to talk with a local Mckinney SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mckinney businesses. We can help you find the best banks for small businesses in Mckinney or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best San Francisco, California Banks for Small Business
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