Financing for Tour Operators

With these loans for tour operators, the SBA guarantees the lender that the loan will be repaid. This tour operators loan for $191,600 was given to a Texas entrepreneur in 2004.

Getting a small business loan in Corpus Christi, Texas was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Amer Bank, operating out of Corpus Christi, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: TOUR OPERATORS
CORPUS CHRISTI, TX 78411

SBA Loan Lender

AMER BANK
711 N CARANCAHUA
CORPUS CHRISTI, TX 78411

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561520 - Tour Operators

Loan Approval Date

4/8/2004

Loan Approval Gross Amount

$191,600

Loan Approval from the SBA

Of the total $191,600 loan amount, the SBA guaranteed $143,700.

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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Amer Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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