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November 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Irving, Business Loans > Independent Bank Of Texas Irving Business Loans > Women's Clothing Stores Loan | ||||
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Texas Business Loan from Independent Bank Of Texas
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Business Loan from Independent Bank Of Texas Given to Women's Clothing Stores CompanyAn SBA loan from Independent Bank Of Texas typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Addison, Texas business owner got a $310,000 loan. This growing company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Independent Bank Of Texas, out of Irving, Texas. The loan was granted and they received $310,000 to help grow their Addison, Texas business. SBA Loan Borrower COMPANY TYPE: WOMEN'S CLOTHING STORES SBA Loan Lender INDEPENDENT BANK OF TEXAS This lender provides SBA debt financing 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 448120 - Women's Clothing Stores Loan Approval Date 2/9/2007 Loan Approval Gross Amount $310,000 Loan Approval from the SBA Of the total $310,000 loan amount, the SBA guaranteed $232,500. 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 generate 1 new job and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Good Banks for Small Business in Irving, Texas
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