Texas Cap. Bank SBA Loan to Store Retailers Company
An SBA loan from Texas Cap. Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Dallas, Texas business owner got a $200,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dallas, Texas was able to borrow $200,000 from Texas Cap. Bank. The SBA made the loan possible by guaranteeing $100,000 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: STORE RETAILERS
DALLAS, TX 75244
SBA Loan Lender
TEXAS CAP. BANK
2100 MCKINNEY AVE, STE 900
DALLAS, TX 75201
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
453998 - Store Retailers
Loan Approval Date
3/11/2005
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $100,000.
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 20 employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Texas Cap. 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.
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