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April 28, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Universal City, Business Loans > Texstar National Bank Universal City Business Loans > Edible Arrangements Loan | ||||
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I Need a Small Business Loan to Buy a Franchise in New Braunfels, Texas
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Texstar National Bank Provides SBA Loan to Buy Edible Arrangements FranchiseBorrowing money to invest in an Edible Arrangements franchise? Texstar National Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy an Edible Arrangements franchise? If so, here's a 2007 SBA franchise loan that you should know about. Texstar National Bank was the lender and the entrepreneur was based in New Braunfels, Texas. SBA Loan Borrower EDIBLE ARRANGEMENTS SBA Loan Lender TEXSTAR NATIONAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 10/15/2007 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Edible Arrangements franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help create 7 new jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Microlending as a Small Business Funding Source SBA 7A Banks in Universal City, Texas
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