Borrowing Money for Architectural Services
With these bank loans for architectural services, the SBA guarantees the lender that the loan will be repaid. This architectural services loan for $838,700 was given to a Texas entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Arlington, Texas was able to borrow $838,700 from Southwest Securities, Fsb. The SBA made the loan possible by guaranteeing $629,025 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: ARCHITECTURAL SERVICES
ARLINGTON, TX 76011
SBA Loan Lender
SOUTHWEST SECURITIES, FSB
301 S CENTER ST, STE #120
ARLINGTON, TX 76010
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
541310 - Architectural Services
Loan Approval Date
1/20/2006
Loan Approval Gross Amount
$838,700
Loan Approval from the SBA
Of the total $838,700 loan amount, the SBA guaranteed $629,025.
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 37 employees. The loan application indicated that the loan would help retain 37 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? 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:
Obtaining Funding - Getting Venture Capital
SBA Participating Banks in Arlington, Texas
Getting an SBA Loan in Texas