Small Business Loans for Cut Stone and Stone Product Manufacturing
Looking for small business loans for cut stone and stone product manufacturing? Talk to a banker who works with the SBA. This $258,800 cut stone and stone product manufacturing loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dripping Springs, Texas was able to borrow $258,800 from Amer Business Lending Inc.. The SBA made the loan possible by guaranteeing $194,100 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: CUT STONE AND STONE PRODUCT MANUFACTURING
DRIPPING SPRINGS, TX 78620
SBA Loan Lender
AMER BUSINESS LENDING INC.
1420 W. MOCKINGBIRD LANE, SUI
DALLAS, TX 75247
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
327991 - Cut Stone and Stone Product Manufacturing
Loan Approval Date
11/30/2005
Loan Approval Gross Amount
$258,800
Loan Approval from the SBA
Of the total $258,800 loan amount, the SBA guaranteed $194,100.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 11 employees. The loan application indicated that the loan would help generate 1 new job and retain 11 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $258,800 loan. Remember, feel the fear, and do it anyway.
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:
Business Cash Advances
SBA Banks in Dallas, Texas
SBA Lenders in Texas