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

SBA Lender Bedford Texas

 

 
Loan Census SBA Loan Info

Financing for Cable and Program Distribution

Looking for loans for cable and program distribution? Try the SBA. This $25,000 cable and program distribution loan was issued by a Texas bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Compass Bank, out of Grapevine, Texas. The loan was granted and they received $25,000 to help grow their Bedford, Texas business.

SBA Loan Borrower

COMPANY TYPE: CABLE AND PROGRAM DISTRIBUTION
BEDFORD, TX 76021

SBA Loan Lender

COMPASS BANK
1205 S MAIN
GRAPEVINE, TX 76051

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

513220 - Cable and Program Distribution

Loan Approval Date

5/3/2001

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

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 4 employees. The loan application did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $25,000. How would you spend $25,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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