Entrepreneur Works With Fort Worth, Texas Bank to Get an SBA Loan
Want to talk with a Fort Worth, Texas bank about a business loan? Here's one Texas business loan, issued by a Fort Worth bank, that was approved by the SBA.
Applying for an SBA loan with Amer National Bank - Texas worked out well for our friends at one local business in Flower Mound, Texas. They got an SBA loan for $172,500. Awesome!
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE
FLOWER MOUND, TX 75028
SBA Loan Lender
AMER NATIONAL BANK - TEXAS
2720 W 7TH ST
FORT WORTH, TX 76102
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8011 - Offices and Clinics of Doctors of Medicine
Loan Approval Date
3/14/2000
Loan Approval Gross Amount
$172,500
Loan Approval from the SBA
Of the total $172,500 loan amount, the SBA guaranteed $129,375.
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 only one employee. This SBA loan request indicated that the funding would help generate 2 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
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.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
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SBA Approved Banks in Fort Worth, Texas
Where to Get an SBA Loan Texas