Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Terrell, Texas Bank Loan

 

 
Loan Census SBA Loan Info

Texas Entrepreneur Secures Financing to Buy Remax Franchise

Borrowing money to invest in a Remax franchise? Nexbank, Ssb has a history of making these loans and they are guaranteed by the SBA.

Remax franchise loans are available to Terrell, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Nexbank, Ssb, based in Dallas, Texas, issued an SBA franchise loan for a Remax franchise in 2004. We've got all the details on this Texas small business loan.

SBA Loan Borrower

REMAX
TERRELL, TX 75160

SBA Loan Lender

NEXBANK, SSB
13455 NOEL RD, STE 2220
DALLAS, TX 75240

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

9/13/2004

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $46,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Remax franchise. At the time of the loan, the company had 15 employees. The loan application did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

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.

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