Texas Business Loan Issued to Dimension Stone Mining And Quarrying Company

Would a Texas business loan help your company expand? If so, you may want to talk with this Texas bank, which offers SBA loans to Texas entrepreneurs.

Getting a small business loan in Dallas, Texas was a top priority for this SBA-financed company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Amer Business Lending Inc.. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: DIMENSION STONE MINING AND QUARRYING
DALLAS, TX 75240

SBA Loan Lender

AMER BUSINESS LENDING INC.
1420 W. MOCKINGBIRD LANE, SUI
DALLAS, TX 75247

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

212311 - Dimension Stone Mining and Quarrying

Loan Approval Date

8/25/2005

Loan Approval Gross Amount

$1,740,900

Loan Approval from the SBA

Of the total $1,740,900 loan amount, the SBA guaranteed $1,305,675.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 20 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $1,740,900. How would you spend $1,740,900 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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SBA Approved Banks in Dallas, Texas

Texas SBA 7A Lenders