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December 19, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Norcross, Business Loans > Fidelity Bank Norcross Business Loans > Child And Youth Services Loan | ||||
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Get SBA Loans from Fidelity Bank
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Fidelity Bank SBA Loan to Child And Youth Services CompanyFidelity Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Texas entrepreneur who tapped into the power of SBA loans. This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Fidelity Bank, out of Norcross, Georgia. The loan was granted and they received $276,000 to help grow their Magnolia, Texas business. SBA Loan Borrower COMPANY TYPE: CHILD AND YOUTH SERVICES SBA Loan Lender FIDELITY BANK This lender provides SBA 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 624110 - Child and Youth Services Loan Approval Date 5/18/2007 Loan Approval Gross Amount $276,000 Loan Approval from the SBA Of the total $276,000 loan amount, the SBA guaranteed $207,000. 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 25 employees. The loan application indicated that the loan would help retain 25 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Magnolia or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Microlending as a Small Business Funding Source SBA Participating Banks in Norcross, Georgia
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