Where to Get Capital for Services to Buildings and Dwellings
Looking for SBA loans for services to buildings and dwellings? An SBA loan may be just what you've been looking for. This $265,000 services to buildings and dwellings loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Plano, Texas was able to borrow $265,000 from Nexbank, Ssb. The SBA made the loan possible by guaranteeing $198,750 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES
PLANO, TX 75023
SBA Loan Lender
NEXBANK, SSB
13455 NOEL RD, STE 2220
DALLAS, TX 75240
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7699 - Repair Shops and Related Services
NAICS Code
561790 - Services to Buildings and Dwellings
Loan Approval Date
1/20/2005
Loan Approval Gross Amount
$265,000
Loan Approval from the SBA
Of the total $265,000 loan amount, the SBA guaranteed $198,750.
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 7 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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.
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