SBA Loan from Amer National Bank - Texas Helps Vending Machine Operators Company
An SBA loan from Amer National Bank - Texas typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a North Richland Hills, Texas business owner got a $40,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Richland Hills, Texas was able to borrow $40,000 from Amer National Bank - Texas. The SBA made the loan possible by guaranteeing $34,000 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: VENDING MACHINE OPERATORS
NORTH RICHLAND HILLS, TX 76180
SBA Loan Lender
AMER NATIONAL BANK - TEXAS
2720 W 7TH ST
FORT WORTH, TX 76102
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
454210 - Vending Machine Operators
Loan Approval Date
6/2/2003
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $34,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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.
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