El Paso, Texas Bank Gives SBA Loan to Drapery Hardware And Window Blinds And Shades Company

Want to talk with an El Paso, Texas bank about a business loan? Here's one Texas business loan, issued by an El Paso bank, that was approved by the SBA.

Applying for an SBA loan with Bank Of The West worked out well for our friends at one local firm in El Paso, Texas. They received an SBA loan for $27,000. Great job!

SBA Loan Borrower

COMPANY TYPE: DRAPERY HARDWARE AND WINDOW BLINDS AND SHADES
EL PASO, TX 79935

SBA Loan Lender

BANK OF THE WEST
500 N MESA ST
EL PASO, TX 79901

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2591 - Drapery Hardware and Window Blinds and Shades

NAICS Code

337920 - Blind and Shade Manufacturing

Loan Approval Date

3/8/2001

Loan Approval Gross Amount

$27,000

Loan Approval from the SBA

Of the total $27,000 loan amount, the SBA guaranteed $22,950.

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 9 employees. The loan application indicated that the loan would help generate 1 new job and retain 8 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of The West 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.

Related Links:

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