Schertz, Texas Lender Lends Money to Plumbing, Heating, And Air-Conditioning Contractors Company

Want to talk with a Schertz, Texas bank about an SBA loan? Here's one Texas business loan, issued by a Schertz bank, that was approved by the SBA.

Applying for an SBA loan with Schertz Bank & Trust worked out well for our friends at one local business in New Braunfels, Texas. They got an SBA loan for $64,800. Way to go!

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
NEW BRAUNFELS, TX 78130

SBA Loan Lender

SCHERTZ BANK & TRUST
519 MAIN ST
SCHERTZ, TX 78154

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

10/20/2006

Loan Approval Gross Amount

$64,800

Loan Approval from the SBA

Of the total $64,800 loan amount, the SBA guaranteed $55,080.

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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Schertz Bank & Trust 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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