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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Pilot Point, Business Loans > Pointbank Pilot Point Business Loans > Store Retailers Loan | ||||
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SBA Lender Pilot Point
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Pilot Point, Texas Bank Lends Money to Store Retailers Company in Denton, TexasThinking about meeting with a Pilot Point, Texas bank about an SBA loan? Here's one Texas business loan, issued by a Pilot Point bank, that was approved by the SBA. Applying for an SBA loan with Pointbank worked out well for our friends at one local company in Denton, Texas. The business was able to get an SBA loan for $50,000. Nice! SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender POINTBANK This lender issued this particular small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - Store Retailers Loan Approval Date 9/15/2005 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. 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 2 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Participating Banks in Pilot Point, Texas Browse All Business Loan Sources for Texas
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