Dallas, Texas Entrepreneur Gets an SBA Loan
Small business loans in Texas are tough to come by these days. We take a look at one Texas small business loan, provided by a New York bank, that was approved by the SBA.
You can learn something about getting a small business loan in Dallas, Texas by studying this loan to a local company, made back in 2001. Banks like Business Loan Center, LLC may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE SERVICE STATIONS
DALLAS, TX 75220
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5541 - Gasoline Service Stations
NAICS Code
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
3/12/2001
Loan Approval Gross Amount
$932,000
Loan Approval from the SBA
Of the total $932,000 loan amount, the SBA guaranteed $699,000.
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 4 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
This SBA loan was for $932,000. How would you spend $932,000 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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