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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Trophy Club, Business Loans > First Finan Bank Trophy Club Business Loans > Portfolio Management Loan | ||||
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SBA 7A Banks for North Richland Hills Businesses
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Portfolio Management LoansLooking for loans for portfolio management? The SBA may be the answer. This $150,000 portfolio management loan was issued by a Texas bank. This company knew how to go about getting a business bank loan. Based in North Richland Hills, Texas, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was First Finan Bank, based in Trophy Club, Texas. SBA Loan Borrower COMPANY TYPE: PORTFOLIO MANAGEMENT SBA Loan Lender FIRST FINAN BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 523920 - Portfolio Management Loan Approval Date 5/4/2007 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 1 new job. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Small Bank Loans in Trophy Club, Texas
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