SBA Loan from Amer Business Lending Inc. Helps Book Stores Company

An SBA loan from Amer Business Lending Inc. typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Lewisville, Texas business owner got a $42,600 loan.

Getting a small business loan in Lewisville, Texas was an essential business goal for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Amer Business Lending Inc., operating out of Dallas, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: BOOK STORES
LEWISVILLE, TX 75067

SBA Loan Lender

AMER BUSINESS LENDING INC.
1420 W. MOCKINGBIRD LANE, SUI
DALLAS, TX 75247

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451211 - Book Stores

Loan Approval Date

4/12/2005

Loan Approval Gross Amount

$42,600

Loan Approval from the SBA

Of the total $42,600 loan amount, the SBA guaranteed $36,210.

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 only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Amer Business Lending Inc. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Advice on Getting a Small Business Loan

Best Dallas, Texas Banks for Small Business

Texas SBA Bank Lenders