North Richland Hills, Texas Bank Gives SBA Loan to Fabricated Pipe And Pipe Fitting Manufacturing Company
A North Richland Hills, Texas SBA loan can be yours. Learn how one firm got a $877,000 business loan from this Texas bank.
This loan to a local firm is a good example of an SBA loan. The Frost National Bank made the loan and the SBA guaranteed a portion of the loan. Many other Texas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: FABRICATED PIPE AND PIPE FITTING MANUFACTURING
DALLAS, TX 75252
SBA Loan Lender
THE FROST NATIONAL BANK
9001 AIRPORT FRWY, STE 100
NORTH RICHLAND HILLS, TX 76180
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
332996 - Fabricated Pipe and Pipe Fitting Manufacturing
Loan Approval Date
6/28/2006
Loan Approval Gross Amount
$877,000
Loan Approval from the SBA
Of the total $877,000 loan amount, the SBA guaranteed $657,750.
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 34 employees. This SBA loan request indicated that the loan would help retain 34 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you want money for new small business 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 to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from The Frost National Bank 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:
Attracting Investors
SBA Banks in North Richland Hills, Texas
Browse All Business Loan Sources for Texas