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December 20, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > El Paso, Business Loans > State National Bank El Paso Business Loans > Employment Agencies Loan | ||||
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El Paso Bank Loan
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Entrepreneur Works With El Paso, Texas Bank to Get an SBA LoanThinking about meeting with an El Paso, Texas bank about a small 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 State National Bank worked out well for our friends at one local business in El Paso, Texas. The business was able to get an SBA loan for $312,000. Great job! SBA Loan Borrower COMPANY TYPE: EMPLOYMENT AGENCIES SBA Loan Lender STATE NATIONAL BANK This small business loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending track record and a deep knowledge SBA loan requirements. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7361 - Employment Agencies Loan Approval Date 5/17/2000 Loan Approval Gross Amount $312,000 Loan Approval from the SBA Of the total $312,000 loan amount, the SBA guaranteed $234,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help generate 14 new jobs and retain 10 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Approved Banks in El Paso, Texas
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