Burleson, Texas Lender Lends Money to Surveying And Mapping Services Company
Thinking about meeting with a Burleson, Texas bank about an SBA loan? Here's one Texas business loan, issued by a Burleson bank, that was approved by the SBA.
Applying for an SBA loan with First National Bank - Burleson worked out well for our friends at one local business in Burleson, Texas. They received an SBA loan for $110,000. Nice!
SBA Loan Borrower
COMPANY TYPE: SURVEYING AND MAPPING SERVICES
BURLESON, TX 76028
SBA Loan Lender
FIRST NATIONAL BANK - BURLESON
899 NE ALSBURY & I-35
BURLESON, TX 76028
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541370 - Surveying and Mapping Services
Loan Approval Date
10/5/2004
Loan Approval Gross Amount
$110,000
Loan Approval from the SBA
Of the total $110,000 loan amount, the SBA guaranteed $93,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 7 employees. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Burleson so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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
Where to Get an SBA Loan in Burleson, Texas
Browse All Business Loan Sources for Texas