Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

SBA Lender Arlington, Texas

 

 
Loan Census SBA Loan Info

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

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

Applying for an SBA loan with Southwest Securities, Fsb worked out well for our friends at one local firm in Arlington, Texas. The business was able to get an SBA loan for $840,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: DIAGNOSTIC IMAGING CENTERS
ARLINGTON, TX 76012

SBA Loan Lender

SOUTHWEST SECURITIES, FSB
301 S CENTER ST, STE #120
ARLINGTON, TX 76010

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621512 - Diagnostic Imaging Centers

Loan Approval Date

2/11/2005

Loan Approval Gross Amount

$840,000

Loan Approval from the SBA

Of the total $840,000 loan amount, the SBA guaranteed $630,000.

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 18 employees. The SBA loan documents indicated that the loan would help retain 18 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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Small Bank Loans in Arlington, Texas

Texas SBA Banks