San Antonio, Texas Bank Gives SBA Loan to Machine Shops Company
Want to talk with a San Antonio, Texas bank about a small business loan? Here's one Texas business loan, issued by a San Antonio bank, that was approved by the SBA.
Applying for an SBA loan with Security Service Fcu worked out well for our friends at one local firm in Castroville, Texas. They received an SBA loan for $148,400. Nice!
SBA Loan Borrower
COMPANY TYPE: MACHINE SHOPS
CASTROVILLE, TX 78009
SBA Loan Lender
SECURITY SERVICE FCU
16211 LA CANTERA PKWY
SAN ANTONIO, TX 78256
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332710 - Machine Shops
Loan Approval Date
9/29/2005
Loan Approval Gross Amount
$148,400
Loan Approval from the SBA
Of the total $148,400 loan amount, the SBA guaranteed $126,140.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Castroville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Business Credit Evaluation
SBA Approved Banks in San Antonio, Texas
Getting an SBA Loan in Texas