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December 18, 2024  
 
 
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I Need a Small Business Loan in Pearland, Texas

 

 
Loan Census SBA Loan Info

How to Get a Loan for Ship Building and Repairing

Looking for commercial loans for ship building and repairing? An SBA loan may be just what you've been looking for. This $75,000 ship building and repairing loan was issued by a Virginia bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pearland, Texas was able to borrow $75,000 from Capital One. The SBA made the loan possible by guaranteeing $37,500 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: SHIP BUILDING AND REPAIRING
Pearland, TX 77581

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This SBA 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.

NAICS Code

336611 - Ship Building and Repairing

Loan Approval Date

9/23/2005

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

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 7 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 7 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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.

Related Links:

Determining Proper Capital Structure for a Business

Where to Get an SBA Loan in Mclean, Virginia

Getting a Business Loan in Virginia