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November 24, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Mckinney, Business Loans > Bank - Texas Mckinney Business Loans > Physicians Loan | ||||
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SBA Lenders Texas
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Mckinney, Texas Bank Lends Money to Physicians Company in Plano, TexasGet SBA loans from a Mckinney, Texas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Bank - Texas is a Mckinney, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Texas company. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender BANK - TEXAS This bank loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Physicians Loan Approval Date 10/20/2004 Loan Approval Gross Amount $860,000 Loan Approval from the SBA Of the total $860,000 loan amount, the SBA guaranteed $645,000. 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 10 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Bank - Texas and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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:
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