Lubbock, Texas Bank Lends Money to Accounting, Auditing, And Bookkeeping Services Company in Lubbock, Texas
Thinking about meeting with a Lubbock, Texas bank about a small business loan? Here's one Texas business loan, issued by a Lubbock bank, that was approved by the SBA.
Applying for an SBA loan with American State Bank worked out well for our friends at one local company in Lubbock, Texas. The business was able to get an SBA loan for $50,000. Nice!
SBA Loan Borrower
COMPANY TYPE: ACCOUNTING, AUDITING, AND BOOKKEEPING SERVICES
LUBBOCK, TX 79407
SBA Loan Lender
AMERICAN STATE BANK
1401 AVE 'Q'
LUBBOCK, TX 79401
This lender provides SBA commercial 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.
SIC Code
8721 - Accounting, Auditing, and Bookkeeping Services
Loan Approval Date
1/4/2000
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $37,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Accountant's Role in Securing Financing
SBA Participating Banks in Lubbock, Texas
Texas SBA 7A Lenders