Where to Get Capital for Millwork

Looking for SBA loans for millwork? An SBA loan may be just what you've been looking for. This $451,700 millwork loan was issued by a Texas bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Amer National Bank - Texas, out of Fort Worth, Texas. The loan was granted and they received $451,700 to help grow their Fort Worth, Texas business.

SBA Loan Borrower

COMPANY TYPE: MILLWORK
FORT WORTH, TX 76107

SBA Loan Lender

AMER NATIONAL BANK - TEXAS
2720 W 7TH ST
FORT WORTH, TX 76102

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2431 - Millwork

NAICS Code

321918 - Millwork

Loan Approval Date

9/16/2002

Loan Approval Gross Amount

$451,700

Loan Approval from the SBA

Of the total $451,700 loan amount, the SBA guaranteed $338,775.

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 11 employees. The SBA loan documents did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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