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| Entrepreneur Resources | Franklin Bank S.S.B. Houston Business Loans | ||||
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Franklin Bank S.S.B. SBA Loans Austin, TX
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Franklin Bank S.S.B. SBA Loan to M & M Skateboard Park, Inc.Franklin Bank S.S.B. has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Austin, Texas was able to borrow $871,000 from Franklin Bank S.S.B.. The SBA made the loan possible by guaranteeing $653,250 of this Texas small business loan. SBA Loan Borrower M & M SKATEBOARD PARK, INC. SBA Loan Lender FRANKLIN BANK S.S.B. This 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 7999 - Amusement and Recreation Services, N.E.C. NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 11/13/2001 Loan Approval Gross Amount $871,000 Loan Approval from the SBA Of the total $871,000 loan amount, the SBA guaranteed $653,250. More Information on This SBA Loan The borrower, M & M Skateboard Park, Inc., borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to M & M Skateboard Park, Inc. 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 SBA loan database. Related Links: Microlending as a Small Business Funding Source If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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