Industrial Process Measurement, Display and Control Instruments Small Business Loans

With these small business loans for industrial process measurement, display and control instruments, the SBA guarantees the lender that the loan will be repaid. This industrial process measurement, display and control instruments loan for $240,000 was given to a Texas entrepreneur in 2000.

Getting a small business loan in El Paso, Texas was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Capital Bank, S.S.B., operating out of El Paso, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: PROCESS CONTROL AND INDUSTRIAL INSTRUMENTS
EL PASO, TX 79935

SBA Loan Lender

CAPITAL BANK, S.S.B.
8700 MONTANA AVE
EL PASO, TX 79925

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3823 - Process Control and Industrial Instruments

NAICS Code

334513 - Industrial Process Measurement, Display and Control Instruments

Loan Approval Date

1/10/2000

Loan Approval Gross Amount

$240,000

Loan Approval from the SBA

Of the total $240,000 loan amount, the SBA guaranteed $180,000.

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 18 employees. The loan application indicated that the loan would help generate 25 new jobs and retain 18 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $240,000 loan. Remember, things become real when you believe you can achieve them!

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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