Temporary Help Services Commercial Loans
Looking for commercial loans for temporary help services? Try the SBA. This $235,000 temporary help services 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 The Frost National Bank, out of Arlington, Texas. The loan was granted and they received $235,000 to help grow their Irving, Texas business.
SBA Loan Borrower
COMPANY TYPE: EMPLOYMENT AGENCIES
IRVING, TX 75061
SBA Loan Lender
THE FROST NATIONAL BANK
5901 S COOPER ST
ARLINGTON, TX 76017
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7361 - Employment Agencies
NAICS Code
561320 - Temporary Help Services
Loan Approval Date
12/3/2001
Loan Approval Gross Amount
$235,000
Loan Approval from the SBA
Of the total $235,000 loan amount, the SBA guaranteed $176,250.
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 6 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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