Personal Services Loans
Looking for loans for personal services? Talk to a banker who works with the SBA. This $166,000 personal services loan was issued by a Texas bank.
This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with State National Bank, out of Fort Worth, Texas. The loan was granted and they received $166,000 to help grow their North Richland Hills, Texas business.
SBA Loan Borrower
COMPANY TYPE: PERSONAL SERVICES
NORTH RICHLAND HILLS, TX 76180
SBA Loan Lender
STATE NATIONAL BANK
4500 MERCANTILE PLZA, STE 300
FORT WORTH, TX 76137
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7299 - Personal Services
NAICS Code
812990 - Personal Services
Loan Approval Date
9/5/2000
Loan Approval Gross Amount
$166,000
Loan Approval from the SBA
Of the total $166,000 loan amount, the SBA guaranteed $124,500.
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 loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
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 State National Bank 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.
Related Links:
SBIR Funding
Best Banks for Small Business in Fort Worth, Texas
Texas SBA 7A Banks