Pharr, Texas Bank Lends Money to Automotive Exhaust System Repair Shops Company in Edinburg, Texas
Get business loans from a Pharr, Texas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Lone Star National Bank is a Pharr, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Texas company.
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE EXHAUST SYSTEM REPAIR SHOPS
EDINBURG, TX 78539
SBA Loan Lender
LONE STAR NATIONAL BANK
100 W FERGUSON
PHARR, TX 78577
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7533 - Automotive Exhaust System Repair Shops
NAICS Code
811112 - Automotive Exhaust System Repair
Loan Approval Date
5/15/2000
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $8,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
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.
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