SBA Loan from U.S. Bank National Association Helps Architectural Services Company
An SBA loan from U.S. Bank National Association typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Austin, Texas business owner got a $285,000 loan.
This small firm knew how to go about getting a business bank loan. Based in Austin, Texas, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was U.S. Bank National Association, based in Cincinnati, Ohio.
SBA Loan Borrower
COMPANY TYPE: ARCHITECTURAL SERVICES
AUSTIN, TX 78756
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This lender provides SBA commercial 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
8712 - Architectural Services
NAICS Code
541310 - Architectural Services
Loan Approval Date
5/18/2000
Loan Approval Gross Amount
$285,000
Loan Approval from the SBA
Of the total $285,000 loan amount, the SBA guaranteed $213,750.
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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.
Next Steps for Getting an SBA Loan
If you are wondering how to raise money for a business in Austin TX, you ought to talk with a local Austin SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Austin businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like U.S. Bank National Association are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.
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