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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Highland Village, Business Loans > United Community Bank Highland Village Business Loans > Commercial And Institutional Building Construction Loan | ||||
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Flower Mound, Texas Bank Loan
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Loans for Commercial and Institutional Building ConstructionLooking for loans for commercial and institutional building construction? Talk to a banker who works with the SBA. This $400,000 commercial and institutional building construction loan was issued by a Texas bank. Getting a small business loan in Flower Mound, Texas was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from United Community Bank, operating out of Highland Village, Texas. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION SBA Loan Lender UNITED COMMUNITY BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 236220 - Commercial and Institutional Building Construction Loan Approval Date 10/10/2007 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan If you need money to start business in Flower Mound TX, you ought to talk with a local Flower Mound SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Flower Mound businesses. We can help you find the best banks for small businesses in Flower Mound or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 7A Lenders in Highland Village, Texas
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