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April 20, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Sulphur Springs, Business Loans > Pilgrim Bank Texas Sulphur Springs Business Loans > Liberty Tax Service Loan | ||||
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SBA Lenders for Sulphur Springs Businesses
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Texas Entrepreneur Secures Financing to Buy Liberty Tax Service FranchiseNeed money to invest in a Liberty Tax Service franchise? Pilgrim Bank Texas has a history of making these loans and they are guaranteed by the SBA. Liberty Tax Service franchise loans are available to Sulphur Springs, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pilgrim Bank Texas, based in Sulphur Springs, Texas, issued an SBA franchise loan for a Liberty Tax Service franchise in 2005. We've got all the details on this Texas small business loan. SBA Loan Borrower LIBERTY TAX SERVICE SBA Loan Lender PILGRIM BANK TEXAS SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541213 - Tax Preparation Services Loan Approval Date 11/14/2005 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $34,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Liberty Tax Service franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Best Banks for Small Business in Sulphur Springs, Texas Browse All Business Loan Sources for Texas
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