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March 28, 2024  
 
 
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San Antonio, Texas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

San Antonio, TX Entrepreneur Gets SBA Loan to Buy Nothing But Noodles Franchise

Need a loan to purchase a Nothing But Noodles franchise? Stearns Bank has a history of making these loans and they are guaranteed by the SBA.

Nothing But Noodles franchise loans are available to San Antonio, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Stearns Bank, based in Saint Cloud, Minnesota, issued an SBA franchise loan for a Nothing But Noodles franchise in 2006. We've got all the details on this Texas small business loan.

SBA Loan Borrower

NOTHING BUT NOODLES
SAN ANTONIO, TX 78213

SBA Loan Lender

STEARNS BANK
4191 2ND ST SOUTH
SAINT CLOUD, MN 56301

This commercial 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.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

4/21/2006

Loan Approval Gross Amount

$420,000

Loan Approval from the SBA

Of the total $420,000 loan amount, the SBA guaranteed $315,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Nothing But Noodles franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the small business planned 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 loans provide smart, affordable business financing for small businesses looking to expand.

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 $420,000 loan. Remember, fight for what you want, and it will be yours!

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:

Nothing But Noodles

Business Line of Credit

Where to Get an SBA Loan in Saint Cloud, Minnesota

Getting a Business Loan in Minnesota