Get an SBA Loan for Automotive Glass Replacement Shops
With these loans for automotive glass replacement shops, the SBA guarantees the lender that the loan will be repaid. This automotive glass replacement shops loan for $306,500 was given to a Texas entrepreneur in 2005.
This company knew how to go about getting a business bank loan. Based in Dallas, Texas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was United Central Bank, based in Garland, Texas.
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE GLASS REPLACEMENT SHOPS
DALLAS, TX 75229
SBA Loan Lender
UNITED CENTRAL BANK
4555 W WALNUT ST
GARLAND, TX 75042
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811122 - Automotive Glass Replacement Shops
Loan Approval Date
4/13/2005
Loan Approval Gross Amount
$306,500
Loan Approval from the SBA
Of the total $306,500 loan amount, the SBA guaranteed $229,875.
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 16 employees. The loan application indicated that the loan would help retain 16 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are raising money in Dallas TX, you ought to talk with a local Dallas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dallas businesses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. United Central Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, United Central Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Small Business Loan
Best Banks for Small Business in Garland, Texas
SBA Participating Banks in Texas