Engineering Services SBA Loans

Looking for SBA loans for engineering services? An SBA loan may be just what you've been looking for. This $125,000 engineering services loan was issued by a Texas bank.

This small business knew how to go about getting a business bank loan. Based in Mercedes, Texas, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Texas National Bank, based in Mercedes, Texas.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
MERCEDES, TX 78570

SBA Loan Lender

TEXAS NATIONAL BANK
201 S TEXAS AVE
MERCEDES, TX 78570

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8711 - Engineering Services

NAICS Code

541330 - Engineering Services

Loan Approval Date

3/16/2001

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

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 3 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

We've showcased information on this loan to let you know that businesses like yours 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.

Related Links:

Strategic Investors

Best Banks in Mercedes, Texas

SBA Texas Lenders