Entrepreneur Works With Henderson, Nevada Bank to Get an SBA Loan
Thinking about meeting with a Henderson, Nevada bank about a business loan? Here's one Texas business loan, issued by a Henderson bank, that was approved by the SBA.
Applying for an SBA loan with Washington Mutual Bank worked out well for our friends at one local company in Carrollton, Texas. The business was able to get an SBA loan for $510,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR SHOPS
CARROLLTON, TX 75006
SBA Loan Lender
WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7538 - General Automotive Repair Shops
NAICS Code
811111 - General Automotive Repair
Loan Approval Date
8/14/2000
Loan Approval Gross Amount
$510,000
Loan Approval from the SBA
Of the total $510,000 loan amount, the SBA guaranteed $382,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 12 employees. The loan application indicated that the loan would help generate 1 new job and retain 12 existing jobs.
Getting an SBA Loan For Your Business
If you have been wondering how do i get money to start a business in Carrollton TX, you ought to talk with a local Carrollton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Carrollton businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Washington Mutual Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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 - How to Borrow Money
SBA Participating Banks in Henderson, Nevada
Nevada SBA Bank Lenders