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May 4, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Plano, Business Loans > First International Bank Plano Business Loans > All Tune & Lube Loan | ||||
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Business Loans for Mesquite Small Businesses
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Loan to Buy All-American Hero Franchise Issued By First International BankNeed a loan to buy an All-American Hero franchise? First International Bank has a history of making these loans and they are guaranteed by the SBA. All-American Hero franchise loans are available to Mesquite, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First International Bank, based in Plano, Texas, issued an SBA franchise loan for an All-American Hero franchise in 2005. We've got all the details on this Texas small business loan. SBA Loan Borrower ALL TUNE & LUBE SBA Loan Lender FIRST INTERNATIONAL BANK This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811111 - General Automotive Repair Loan Approval Date 1/21/2005 Loan Approval Gross Amount $803,500 Loan Approval from the SBA Of the total $803,500 loan amount, the SBA guaranteed $602,625. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an All-American Hero franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees. 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. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $803,500 loan. Remember, anyone can do it... so why not 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:
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