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| Entrepreneur Resources | Hsbc Bank Usa Buffalo Business Loans | ||||
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Miami, Florida Bank for SBA Loans
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Loan to Buy Pro Image Franchise Issued By Hsbc Bank UsaNeed a loan to purchase a Pro Image franchise? Hsbc Bank Usa has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Pro Image franchise shouldn't be overly burdensome. In 2004, Hsbc Bank Usa issued an SBA franchise loan to an entrepreneur in Miami, Florida. Because Pro Image was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower PRO IMAGE SBA Loan Lender HSBC BANK USA 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 5399 - Miscellaneous General Merchandise Stores NAICS Code 452910 - Warehouse Clubs and Superstores Loan Approval Date 6/30/2004 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower, Pro Image, borrowed this money for a new business. This loan was used to buy a Pro Image franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This SBA loan was for $250,000. How would you spend $250,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Pro Image, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Obtaining Funding - How to Borrow Money Who Lends Money to Small Businesses in Buffalo, New York Find an SBA Lender in New York 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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