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November 21, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Golden, Business Loans > Cit Small Business Lending Corp Golden Business Loans > Signs And Advertising Specialties Loan | ||||
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Raising Money in Houston, Texas With SBA Loans
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Raising Money for Sign ManufacturingLooking for bank loans for sign manufacturing? An SBA loan may be just what you've been looking for. This $275,000 sign manufacturing loan was issued by a Colorado bank. Getting a small business loan in Houston, Texas was important for this growing firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp, operating out of Golden, Colorado. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: SIGNS AND ADVERTISING SPECIALTIES SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This loan for a small business was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3993 - Signs and Advertising Specialties NAICS Code 339950 - Sign Manufacturing Loan Approval Date 6/14/2000 Loan Approval Gross Amount $275,000 Loan Approval from the SBA Of the total $275,000 loan amount, the SBA guaranteed $206,250. More Information on This SBA Loan The borrower borrowed this money for an existing 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 8 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Cit Small Business Lending Corp and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Small Bank Loans in Golden, Colorado Where to Get an SBA Loan Colorado
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