Harlingen, Texas Bank Lends Money to Office Supplies And Stationery Company in La Feria, Texas
Want to talk with a Harlingen, Texas bank about a business loan? Here's one Texas business loan, issued by a Harlingen bank, that was approved by the SBA.
Applying for an SBA loan with Capital One worked out well for our friends at one local business in La Feria, Texas. The business was able to get an SBA loan for $20,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
LA FERIA, TX 78559
SBA Loan Lender
CAPITAL ONE
1410 ED CAREY DR
HARLINGEN, TX 78550
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453210 - Office Supplies and Stationery
Loan Approval Date
4/24/2002
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $17,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This SBA loan was for $20,000. How would you spend $20,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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
SBA Approved Banks in Harlingen, Texas
Texas SBA Bank Lenders