Corpus Christi, Texas Bank Gives SBA Loan to Environmental Consulting Services Company
Find Corpus Christi, Texas banks that specialize in business loans and know how to work with entrepreneurs. First Community Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Corpus Christi, Texas starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from First Community Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: ENVIRONMENTAL CONSULTING SERVICES
CORPUS CHRISTI, TX 78411
SBA Loan Lender
FIRST COMMUNITY BANK
416 N WATER ST
CORPUS CHRISTI, TX 78401
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541620 - Environmental Consulting Services
Loan Approval Date
12/6/2007
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $8,500.
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. This SBA loan request indicated that the loan would help generate 1 new job and retain 5 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from First Community Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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