Entrepreneur Works With Dallas, Texas Bank to Get an SBA Loan

Want to talk with a Dallas, Texas bank about a small business loan? Here's one Texas business loan, issued by a Dallas bank, that was approved by the SBA.

Applying for an SBA loan with Amer Business Lending Inc. worked out well for our friends at one local business in Allen, Texas. They received an SBA loan for $1,427,800. Sweet!

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE SERVICES
ALLEN, TX 75013

SBA Loan Lender

AMER BUSINESS LENDING INC.
1420 W. MOCKINGBIRD LANE, SUI
DALLAS, TX 75247

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.

SIC Code

7549 - Automotive Services

Loan Approval Date

8/18/2000

Loan Approval Gross Amount

$1,427,800

Loan Approval from the SBA

Of the total $1,427,800 loan amount, the SBA guaranteed $749,994.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

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

If you need money to start business in Allen TX, you ought to talk with a local Allen SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Allen businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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.

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