Firm Gets a Texas Bank Loan
TexasSmall business loans are available to Texas small business owners through the SBA. In this case, a Texas bank provides the loan.
Getting a small business loan in Fort Worth, Texas was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Prosper Bank. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: CONVENIENCE STORES
FORT WORTH, TX 76133
SBA Loan Lender
PROSPER BANK
805 E 1ST ST
PROSPER, TX 75078
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.
NAICS Code
445120 - Convenience Stores
Loan Approval Date
6/15/2006
Loan Approval Gross Amount
$675,000
Loan Approval from the SBA
Of the total $675,000 loan amount, the SBA guaranteed $506,250.
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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Fort Worth 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:
Angel Investors
SBA Participating Banks in Prosper, Texas
SBA Texas Lenders