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December 19, 2024  
 
 
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Loan Census SBA Loan Info

Flooring Contractors Loans

Looking for loans for flooring contractors? Talk to a banker who works with the SBA. This $40,000 flooring contractors loan was issued by a Texas bank.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Amer Bank, out of Corpus Christi, Texas. The loan was granted and they received $40,000 to help grow their Corpous Christi, Texas business.

SBA Loan Borrower

COMPANY TYPE: FLOORING CONTRACTORS
CORPOUS CHRISTI, TX 78415

SBA Loan Lender

AMER BANK
711 N CARANCAHUA
CORPUS CHRISTI, TX 78411

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238330 - Flooring Contractors

Loan Approval Date

12/23/2003

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

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 7 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to increase staffing levels 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 Corpous Christi 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:

Small Business Loan

Small Bank Loans in Corpus Christi, Texas

Texas SBA 7A Lenders