Loan Census Banking News and Information
December 19, 2024  
 
 
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Texas SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Corpus Christi, Texas Bank Lends Money to Chiropractors Company in Corpus Christi, Texas

Want to talk with a Corpus Christi, Texas bank about a business loan? Here's one Texas business loan, issued by a Corpus Christi bank, that was approved by the SBA.

Applying for an SBA loan with Amer Bank worked out well for our friends at one local company in Corpus Christi, Texas. They got an SBA loan for $45,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
CORPUS CHRISTI, TX 78418

SBA Loan Lender

AMER BANK
711 N CARANCAHUA
CORPUS CHRISTI, TX 78411

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

4/29/2002

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $38,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

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.

We can help you find the best banks for small businesses in Corpus 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.

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SBA 7A Lenders in Corpus Christi, Texas

SBA Lenders in Texas