Getting an SBA Loan for Building Finishing Contractors

Looking for business loans for building finishing contractors? An SBA loan may be just what you've been looking for. This $250,000 building finishing contractors loan was issued by a Texas bank.

This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Amer National Bank - Texas, out of Fort Worth, Texas. The loan was granted and they received $250,000 to help grow their Crofton, Maryland business.

SBA Loan Borrower

COMPANY TYPE: BUILDING FINISHING CONTRACTORS
CROFTON, MD 21114

SBA Loan Lender

AMER NATIONAL BANK - TEXAS
2720 W 7TH ST
FORT WORTH, TX 76102

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238390 - Building Finishing Contractors

Loan Approval Date

3/16/2005

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

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 25 employees. The SBA loan application for the borrower indicated that the loan would help retain 25 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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