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May 16, 2024  
 
 
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I Need a Small Business Loan in Weatherford, Texas

 

 
Loan Census SBA Loan Info

Business Loans for Car Washes

Looking for business loans for car washes? Talk to a banker who works with the SBA. This $292,800 car washes loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Weatherford, Texas was able to borrow $292,800 from Community Bank. The SBA made the loan possible by guaranteeing $219,600 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: CAR WASHES
WEATHERFORD, TX 76088

SBA Loan Lender

COMMUNITY BANK
500 S MORGAN ST
GRANBURY, TX 76048

This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811192 - Car Washes

Loan Approval Date

7/12/2006

Loan Approval Gross Amount

$292,800

Loan Approval from the SBA

Of the total $292,800 loan amount, the SBA guaranteed $219,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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