Drycleaning and Laundry Services Loans
Looking for loans for drycleaning and laundry services? Try the SBA. This $250,000 drycleaning and laundry services loan was issued by a Texas bank.
This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Metrobank, out of Houston, Texas. The loan was granted and they received $250,000 to help grow their Dallas, Texas business.
SBA Loan Borrower
COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES
DALLAS, TX 75240
SBA Loan Lender
METROBANK
9600 BELLAIRE BLVD
HOUSTON, TX 77036
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
812320 - Drycleaning and Laundry Services
Loan Approval Date
5/25/2001
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 7 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a company 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.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Metrobank 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.
Related Links:
Angel Investors
Banks in Houston, Texas
SBA Lenders in Texas