Loan Census Banking News and Information
November 24, 2024  
 
 
  Business Loan Information  
 

Good Banks for Beaumont Business Owners

 

 
Loan Census SBA Loan Info

Bank Loans for Administrative Management and General Management Consulting Services

Looking for bank loans for administrative management and general management consulting services? An SBA loan may be just what you've been looking for. This $16,300 administrative management and general management consulting services loan was issued by a North Carolina bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Beaumont, Texas was able to borrow $16,300 from Bank Of America. The SBA made the loan possible by guaranteeing $8,150 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES
BEAUMONT, TX 77707

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541611 - Administrative Management and General Management Consulting Services

Loan Approval Date

12/23/2002

Loan Approval Gross Amount

$16,300

Loan Approval from the SBA

Of the total $16,300 loan amount, the SBA guaranteed $8,150.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Beaumont TX, you ought to talk with a local Beaumont SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Beaumont businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank Of America had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank Of America made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Small Business Credit Cards

Find an SBA Lender in Charlotte, North Carolina

SBA North Carolina Lenders