Where to Get Capital for Lawyers
With these small business loans for lawyers, the SBA guarantees the lender that the loan will be repaid. This lawyers loan for $50,000 was given to a Texas entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fort Worth, Texas was able to borrow $50,000 from Bank Of America. The SBA made the loan possible by guaranteeing $25,000 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: LAWYERS
FORT WORTH, TX 76179
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541110 - Lawyers
Loan Approval Date
2/6/2003
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 4 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 8 existing jobs.
Next Steps for Getting an SBA Loan
If you are wondering how to raise money for a business in Fort Worth TX, you ought to talk with a local Fort Worth SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fort Worth businesses.
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.
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Where to Get an SBA Loan North Carolina