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

Amer Business Lending Inc. has a track record as a leading provider of SBA loans. Find out how this Florida entrepreneur received an SBA loan from them.

This business knew how to go about getting a business bank loan. Based in Merritt Island, Florida, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Amer Business Lending Inc., based in Dallas, Texas.

SBA Loan Borrower

COMPANY TYPE: HARDWARE STORES
MERRITT ISLAND, FL 32931

SBA Loan Lender

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

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

444130 - Hardware Stores

Loan Approval Date

1/10/2003

Loan Approval Gross Amount

$967,200

Loan Approval from the SBA

Of the total $967,200 loan amount, the SBA guaranteed $725,400.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.

Getting an SBA Loan For Your Business

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Amer Business Lending Inc. that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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