Get an SBA Loan for Industrial Valve Manufacturing
Looking for small business loans for industrial valve manufacturing? Talk to a banker who works with the SBA. This $75,000 industrial valve manufacturing loan was issued by a Texas bank.
Getting a small business loan in Houston, Texas was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Amegy Bank, operating out of Kingwood, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: INDUSTRIAL VALVE MANUFACTURING
HOUSTON, TX 77066
SBA Loan Lender
AMEGY BANK
570 KINGWOOD DR
KINGWOOD, TX 77339
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
332911 - Industrial Valve Manufacturing
Loan Approval Date
4/17/2007
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $37,500.
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 11 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 11 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
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SBA Participating Banks in Kingwood, Texas
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