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December 19, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Corpus Christi, Business Loans > Amer Bank Corpus Christi Business Loans > Convenience Stores Loan | ||||
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Amer Bank Small Business Loans
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SBA Loan from Amer Bank Helps Convenience Stores CompanyAn SBA loan from Amer Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Corpus Christi, Texas business owner got a $50,000 loan. This small firm knew how to go about getting a business bank loan. Based in Corpus Christi, Texas, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Amer Bank, based in Corpus Christi, Texas. SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender AMER BANK 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 445120 - Convenience Stores Loan Approval Date 5/21/2004 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower borrowed this money for a new 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 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $50,000 loan. Remember, if it to be, it is up to me! 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: SBA 7A Banks for Corpus Christi, Texas Loans
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