Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for El Paso Entrepreneurs

 

 
Loan Census SBA Loan Info

Loans for Real Estate Appraisers

Looking for loans for real estate appraisers? Talk to a banker who works with the SBA. This $22,000 real estate appraisers loan was issued by a North Carolina bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in El Paso, Texas was able to borrow $22,000 from Bank Of America. The SBA made the loan possible by guaranteeing $11,000 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE APPRAISERS
EL PASO, TX 79912

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

531320 - Real Estate Appraisers

Loan Approval Date

5/3/2007

Loan Approval Gross Amount

$22,000

Loan Approval from the SBA

Of the total $22,000 loan amount, the SBA guaranteed $11,000.

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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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:

Investor Turnoffs

SBA Participating Banks in Charlotte, North Carolina

SBA Participating Banks in North Carolina