Firm Gets a Texas Business Loan
TexasSmall business loans are available to Texas small business owners through the SBA. In this case, a Pennsylvania bank provides the loan.
You can learn something about getting a small business loan in Garland, Texas by studying this loan to a local company, made back in 2006. Banks like Pnc Bank, National Association may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL PURPOSE MACHINERY MANUFACTURING
GARLAND, TX 75042
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
This lender provides SBA guaranteed 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
333999 - General Purpose Machinery Manufacturing
Loan Approval Date
12/29/2006
Loan Approval Gross Amount
$1,928,400
Loan Approval from the SBA
Of the total $1,928,400 loan amount, the SBA guaranteed $1,446,300.
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 23 employees. This SBA loan request indicated that the loan would help retain 23 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Pnc Bank, National Association that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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Getting an SBA Loan in Pennsylvania