 |
 |
November 21, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Texas Business Loan Sources > San Antonio, Business Loans > The Frost National Bank San Antonio Business Loans > Retail Stores Loan | ||||
 |
||||
Texas Bank SBA Loans
|
||||
 |
The Frost National Bank SBA Loan to Retail Stores CompanyLooking to get a Texas SBA loan? Here's one Texas business loan that was approved by the SBA. This growing firm needed an SBA business loan in Houston, Texas back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from The Frost National Bank, operating out of San Antonio, Texas. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: RETAIL STORES SBA Loan Lender THE FROST NATIONAL BANK 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. SIC Code 5999 - Retail Stores Loan Approval Date 2/11/2000 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $15,000. 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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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 The Frost National Bank 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:
|
|
||
|
||||
|
|
||||