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November 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Prosper, Business Loans > Prosper Bank Prosper Business Loans > Dentists Loan | ||||
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Getting an SBA 7A Loan in Frisco, Texas
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Frisco, Texas Entrepreneur Gets a Small Business LoanLooking to get a Texas SBA loan? This Texas entrepreneur got an SBA loan, provided by a Texas bank that works with the SBA to help small business owners. Getting a small business loan in Frisco, Texas was a top priority for this particular business 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: DENTISTS SBA Loan Lender PROSPER BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 9/28/2006 Loan Approval Gross Amount $1,175,600 Loan Approval from the SBA Of the total $1,175,600 loan amount, the SBA guaranteed $881,700. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 14 employees. The SBA loan application for the borrower indicated that the loan would help generate 14 new jobs and retain 14 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This SBA loan was for $1,175,600. How would you spend $1,175,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Banks for Small Business in Prosper, Texas
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