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December 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Austin, Business Loans > University Fcu Austin Business Loans > Support Activities For Oil And Gas Operations Loan | ||||
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Hondo, Texas Bank for SBA Loans
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Financing for Support Activities for Oil and Gas OperationsLooking for commercial loans for support activities for oil and gas operations? Try the SBA. This $265,000 support activities for oil and gas operations loan was issued by a Texas bank. This small business knew how to go about getting a business bank loan. Based in Hondo, Texas, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was University Fcu, based in Austin, Texas. SBA Loan Borrower COMPANY TYPE: SUPPORT ACTIVITIES FOR OIL AND GAS OPERATIONS SBA Loan Lender UNIVERSITY FCU SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 213112 - Support Activities for Oil and Gas Operations Loan Approval Date 5/18/2007 Loan Approval Gross Amount $265,000 Loan Approval from the SBA Of the total $265,000 loan amount, the SBA guaranteed $198,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like University Fcu and they will explain how you can get an SBA loan for your company. 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: Microlending as a Small Business Funding Source SBA 7A Lenders in Austin, Texas
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