San Antonio, TX Entrepreneur Gets SBA Loan to Buy Learning Rx Franchise

Need money to invest in a Learning Rx franchise? The Frost National Bank has a history of making these loans and they are guaranteed by the SBA.

Learning Rx franchise loans are available to San Antonio, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Frost National Bank, based in San Antonio, Texas, issued an SBA franchise loan for a Learning Rx franchise in 2007. We've got all the details on this Texas small business loan.

SBA Loan Borrower

MIND MASTERS INC
SAN ANTONIO, TX 78250

SBA Loan Lender

THE FROST NATIONAL BANK
100 W HOUSTON ST
SAN ANTONIO, TX 78205

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

611710 - Educational Support Services

Loan Approval Date

12/11/2007

Loan Approval Gross Amount

$142,500

Loan Approval from the SBA

Of the total $142,500 loan amount, the SBA guaranteed $71,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Learning Rx franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

LearningRx

A Company That Helps Entrepreneurs

Find an SBA Lender in San Antonio, Texas

SBA Lenders in Texas