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December 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Mcallen, Business Loans > Border Cap. Bank Mcallen Business Loans > Convention And Visitors Bureaus Loan | ||||
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SBA Lenders Texas
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Mcallen, Texas Bank Lends Money to Convention And Visitors Bureaus Company in Harlingen, TexasFind Mcallen, Texas banks that specialize in small business loans and know how to work with entrepreneurs. Border Cap. Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Harlingen, Texas starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Border Cap. Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: CONVENTION AND VISITORS BUREAUS SBA Loan Lender BORDER CAP. BANK This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561591 - Convention and Visitors Bureaus Loan Approval Date 12/15/2006 Loan Approval Gross Amount $825,000 Loan Approval from the SBA Of the total $825,000 loan amount, the SBA guaranteed $618,750. More Information on This SBA Loan The borrower borrowed this money for a new 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 24 employees. The loan application did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source 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: Banking Deregulation's Effects on Entrepreneurship SBA Participating Banks in Mcallen, Texas
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