First Western Sblc, Inc Provides SBA Loan to Buy Super 8 Motel Franchise
Need a loan to invest in a Super 8 Motel franchise? First Western Sblc, Inc has a history of making these loans and they are guaranteed by the SBA.
Super 8 Motel franchise loans are available to Talladega, Alabama entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Western Sblc, Inc, based in Dallas, Texas, issued an SBA franchise loan for a Super 8 Motel franchise in 2000. We've got all the details on this Alabama small business loan.
SBA Loan Borrower
TALLADEGA, AL 35160
SBA Loan Lender
FIRST WESTERN SBLC, INC
17950 PRESTON RD, STE 600,
DALLAS, TX 75252
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
7011 - Hotels and Motels
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $1,080,000 loan amount, the SBA guaranteed $749,520.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Super 8 Motel franchise. At the time of the loan, the company
had 5 employees. The loan application indicated that the funding would help create 5 new jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
We've showcased information on this loan to let you know that businesses like yours 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.
Super 8 Motels, Inc.
Business Credit Evaluation
SBA 7A Banks in Dallas, Texas
Getting an SBA Loan in Texas