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November 14, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Irving, Business Loans > Citicapital Small Business Finance Irving Business Loans > Screw Machine Products Loan | ||||
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Irving, Texas SBA Banks
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Entrepreneur Works With Irving, Texas Bank to Get an SBA LoanGet business loans from an Irving, Texas bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Citicapital Small Business Finance is a Irving, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Illinois company. SBA Loan Borrower COMPANY TYPE: SCREW MACHINE PRODUCTS SBA Loan Lender CITICAPITAL SMALL BUSINESS FINANCE This lender provides SBA small business 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. SIC Code 3451 - Screw Machine Products NAICS Code 332721 - Precision Turned Product Manufacturing Loan Approval Date 7/21/2000 Loan Approval Gross Amount $1,237,400 Loan Approval from the SBA Of the total $1,237,400 loan amount, the SBA guaranteed $749,988. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 14 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 20 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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. Related Links: Obtaining Funding - Getting Venture Capital Best Banks for Small Business in Irving, Texas
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