Entrepreneur Works With Marble Falls, Texas Bank to Get an SBA Loan

Get to know Marble Falls, Texas banks that specialize in business loans and know how to work with entrepreneurs. Amer Bank - Texas is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Marble Falls, Texas starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Amer Bank - Texas. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: JEWELRY STORES
MARBLE FALLS, TX 78654

SBA Loan Lender

AMER BANK - TEXAS
418 N HWY 281
MARBLE FALLS, TX 78654

When it made this small business loan, this bank participated in the SBA's Certified Lenders Program (CLP). This program was created to ensure expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

2/11/2004

Loan Approval Gross Amount

$179,200

Loan Approval from the SBA

Of the total $179,200 loan amount, the SBA guaranteed $134,400.

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 3 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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