Dallas, Texas Bank Lends Money to Residential Remodelers Company in Dallas, Texas

Want to talk with a Dallas, Texas bank about a business loan? Here's one Texas business loan, issued by a Dallas bank, that was approved by the SBA.

Applying for an SBA loan with Nexbank, Ssb worked out well for our friends at one local company in Dallas, Texas. They got an SBA loan for $103,600. Sweet!

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL REMODELERS
DALLAS, TX 75243

SBA Loan Lender

NEXBANK, SSB
13455 NOEL RD, STE 2220
DALLAS, TX 75240

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

236118 - Residential Remodelers

Loan Approval Date

9/8/2005

Loan Approval Gross Amount

$103,600

Loan Approval from the SBA

Of the total $103,600 loan amount, the SBA guaranteed $88,060.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application indicated that the funding would help generate 3 new jobs.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Nexbank, Ssb had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Nexbank, Ssb 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:

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SBA Participating Banks in Dallas, Texas

Getting an SBA Loan in Texas