El Paso, Texas Bank Gives SBA Loan to Lawyers Company
Get SBA loans from an El Paso, Texas bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
United Bank - El Paso Del Norte is a El Paso, 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: LAWYERS
EL PASO, TX 79932
SBA Loan Lender
UNITED BANK - EL PASO DEL NORTE
125 MESA HILLS DR
EL PASO, TX 79912
The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541110 - Lawyers
Loan Approval Date
8/20/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 3 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
The Friends and Family Network
SBA Banks in El Paso, Texas
Getting an SBA Loan in Texas