 |
 |
November 14, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Texas Business Loan Sources > Fort Worth, Business Loans > State National Bank Fort Worth Business Loans > Professional, Scientific, And Technical Services Loan | ||||
 |
||||
Texas Bank SBA Loans
|
||||
 |
Fort Worth, Texas Bank Lends Money to Professional, Scientific, And Technical Services Company in Canutillo, TexasThinking about meeting with a Fort Worth, Texas bank about a business loan? Here's one Texas business loan, issued by a Fort Worth bank, that was approved by the SBA. Applying for an SBA loan with State National Bank worked out well for our friends at one local business in Canutillo, Texas. They got an SBA loan for $60,000. Nice! SBA Loan Borrower COMPANY TYPE: PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES SBA Loan Lender STATE NATIONAL BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 541990 - Professional, Scientific, and Technical Services Loan Approval Date 8/15/2003 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $30,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 16 employees. The loan application indicated that the loan would help generate 21 new jobs and retain 16 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. State National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, State National Bank 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: A Company That Helps Entrepreneurs Best Banks for Small Business in Fort Worth, Texas
|
|
||
|
||||
|
|
||||