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April 26, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Dallas, Business Loans > Nexbank, Ssb Dallas Business Loans > Nutri-Lawn Of Texas Loan | ||||
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Texas Small Business Funding for Franchises
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Loan to Buy Nutri-Lawn Of Texas Franchise Issued By Nexbank, SsbBorrowing money to purchase a Nutri-Lawn Of Texas franchise? Nexbank, Ssb 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 Nutri-Lawn Of Texas franchise back in 2005. Nexbank, Ssb issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower NUTRI-LAWN OF TEXAS SBA Loan Lender NEXBANK, SSB 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 561730 - Landscaping Services Loan Approval Date 8/30/2005 Loan Approval Gross Amount $142,500 Loan Approval from the SBA Of the total $142,500 loan amount, the SBA guaranteed $121,125. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Nutri-Lawn Of Texas franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the borrowed money would help generate 4 new jobs. Getting an SBA Loan For Your Business Don't apply for a loan directly with the SBA. You need to 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. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Nexbank, Ssb and they will explain how you can get an SBA loan for your company. 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: Good Banks for Small Business in Dallas, Texas
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