Commercial Loans for Industrial Launderers
Looking for commercial loans for industrial launderers? Try the SBA. This $113,000 industrial launderers loan was issued by a Texas bank.
This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Community Bank, out of Granbury, Texas. The loan was granted and they received $113,000 to help grow their Hurst, Texas business.
SBA Loan Borrower
COMPANY TYPE: INDUSTRIAL LAUNDERERS
HURST, TX 76054
SBA Loan Lender
COMMUNITY BANK
500 S MORGAN ST
GRANBURY, TX 76048
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812332 - Industrial Launderers
Loan Approval Date
6/20/2001
Loan Approval Gross Amount
$113,000
Loan Approval from the SBA
Of the total $113,000 loan amount, the SBA guaranteed $96,050.
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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Obtaining Funding - How to Borrow Money
Banks in Granbury, Texas
Browse All Business Loan Sources for Texas