Raising Money for Drywall and Insulation Contractors
Looking for business loans for drywall and insulation contractors? Try the SBA. This $118,800 drywall and insulation contractors loan was issued by a Texas bank.
This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Community Bank, out of Granbury, Texas. The loan was granted and they received $118,800 to help grow their Fort Worth, Texas business.
SBA Loan Borrower
COMPANY TYPE: DRYWALL AND INSULATION CONTRACTORS
FORT WORTH, TX 76111
SBA Loan Lender
COMMUNITY BANK
500 S MORGAN ST
GRANBURY, TX 76048
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238310 - Drywall and Insulation Contractors
Loan Approval Date
3/24/2006
Loan Approval Gross Amount
$118,800
Loan Approval from the SBA
Of the total $118,800 loan amount, the SBA guaranteed $100,980.
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 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Community Bank and they will explain how you can get an SBA loan for your company.
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:
Role of Business Plan When Raising Money
Best Banks for Small Business in Granbury, Texas
Texas SBA Banks