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April 28, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Dallas, Business Loans > Amer Business Lending Inc. Dallas Business Loans > Williams Chicken #33 Loan | ||||
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Where to Get a Bank Loan to Purchase a Franchise
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Loan to Buy Williams Chicken Franchise Issued By Amer Business Lending Inc.Need a loan to invest in a Williams Chicken franchise? Amer Business Lending Inc. has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Mesquite, Texas needed money to invest in a Williams Chicken franchise back in 2000. Amer Business Lending Inc. issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower WILLIAMS CHICKEN #33 SBA Loan Lender AMER BUSINESS LENDING INC. SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 6/20/2000 Loan Approval Gross Amount $310,400 Loan Approval from the SBA Of the total $310,400 loan amount, the SBA guaranteed $232,800. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Williams Chicken franchise. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Amer Business Lending Inc. are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Good Banks for Small Business in Dallas, Texas
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