Grand Prairie, Texas Bank Lends Money to Vocational Schools Company in Grand Prairie, Texas

Get to know Grand Prairie, Texas banks that specialize in SBA loans and know how to work with entrepreneurs. Grand Bank Of Texas is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Grand Prairie, Texas starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Grand Bank Of Texas. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: VOCATIONAL SCHOOLS
GRAND PRAIRIE, TX 75050

SBA Loan Lender

GRAND BANK OF TEXAS
2341 S BELTLINE RD
GRAND PRAIRIE, TX 75051

This SBA bank loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8249 - Vocational Schools

NAICS Code

611519 - Technical and Trade Schools

Loan Approval Date

12/12/2002

Loan Approval Gross Amount

$678,100

Loan Approval from the SBA

Of the total $678,100 loan amount, the SBA guaranteed $508,575.

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 30 employees. The SBA loan documents did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

We've showcased information on this loan to let you know that businesses like yours 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.

Related Links:

Advice on Getting a Small Business Loan

Small Business Banks in Grand Prairie, Texas

Getting a Business Loan in Texas