First Bank Of Canyon Creek SBA Loan to Business Services Company

Looking to get a Texas SBA loan? Here's one Texas business loan that was approved by the SBA.

This growing firm needed an SBA business loan in Plano, Texas back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from First Bank Of Canyon Creek, operating out of Richardson, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
PLANO, TX 75075

SBA Loan Lender

FIRST BANK OF CANYON CREEK
1755 N COLLINS BLVD, STE 100
RICHARDSON, TX 75080

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

7389 - Business Services

Loan Approval Date

3/3/2000

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

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 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Bank Of Canyon Creek had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Bank Of Canyon Creek made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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SBA Participating Banks in Richardson, Texas

SBA Lenders in Texas