SBA Loan from Capital Bank, S.S.B. Helps Camera And Photographic Supply Stores Company
An SBA loan from Capital Bank, S.S.B. typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an El Paso, Texas business owner got a $180,000 loan.
This growing company knew how to go about getting a business bank loan. Based in El Paso, Texas, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Capital Bank, S.S.B., based in El Paso, Texas.
SBA Loan Borrower
COMPANY TYPE: CAMERA AND PHOTOGRAPHIC SUPPLY STORES
EL PASO, TX 79925
SBA Loan Lender
CAPITAL BANK, S.S.B.
8700 MONTANA AVE
EL PASO, TX 79925
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5946 - Camera and Photographic Supply Stores
NAICS Code
443130 - Camera and Photographic Supplies Stores
Loan Approval Date
6/27/2000
Loan Approval Gross Amount
$180,000
Loan Approval from the SBA
Of the total $180,000 loan amount, the SBA guaranteed $135,000.
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 9 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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