Getting an SBA Loan for Special Trade Contractors
Looking for SBA loans for special trade contractors? Talk to a banker who works with the SBA. This $30,000 special trade contractors loan was issued by a Texas bank.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with United Bank - El Paso Del Norte, out of El Paso, Texas. The loan was granted and they received $30,000 to help grow their El Paso, Texas business.
SBA Loan Borrower
COMPANY TYPE: SPECIAL TRADE CONTRACTORS
EL PASO, TX 79912
SBA Loan Lender
UNITED BANK - EL PASO DEL NORTE
125 MESA HILLS DR
EL PASO, TX 79912
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1799 - Special Trade Contractors
NAICS Code
235990 - Special Trade Contractors
Loan Approval Date
9/5/2002
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $25,500.
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 3 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
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.
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