American Bank Of Commerce Provides SBA Loan to Buy Soccer Post Franchise

Need a loan to invest in a Soccer Post franchise? American Bank Of Commerce has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Austin, Texas needed money to invest in a Soccer Post franchise back in 2006. American Bank Of Commerce issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

SOCCER POST
9070 RESEARCH BLVD #201-B2
AUSTIN, TX 78758

SBA Loan Lender

AMERICAN BANK OF COMMERCE
W 82ND ST AND US HWY 62/82
WOLFFORTH, TX 79382

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423910 - Sporting and Recreational Goods and Supplies Merchant Wholesalers

Loan Approval Date

11/30/2006

Loan Approval Gross Amount

$168,800

Loan Approval from the SBA

Of the total $168,800 loan amount, the SBA guaranteed $126,600.

More Information on This SBA Loan

The borrower, Soccer Post, borrowed this money for a new business. This loan was used to buy a Soccer Post franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to Soccer Post 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.

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