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November 23, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > North Richland Hills, Business Loans > The Frost National Bank North Richland Hills Business Loans > Heating Equipment Manufacturing Loan | ||||
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Raising Money in Fort Worth, Texas With SBA Loans
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Heating Equipment Manufacturing Commercial LoansWith these commercial loans for heating equipment manufacturing, the SBA guarantees the lender that the loan will be repaid. This heating equipment manufacturing loan for $281,000 was given to a Texas entrepreneur in 2006. This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with The Frost National Bank, out of North Richland Hills, Texas. The loan was granted and they received $281,000 to help grow their Fort Worth, Texas business. SBA Loan Borrower COMPANY TYPE: HEATING EQUIPMENT MANUFACTURING SBA Loan Lender THE FROST NATIONAL BANK 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 333414 - Heating Equipment Manufacturing Loan Approval Date 4/28/2006 Loan Approval Gross Amount $281,000 Loan Approval from the SBA Of the total $281,000 loan amount, the SBA guaranteed $210,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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: Banks in North Richland Hills, Texas
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