Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Richardson, Texas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Jewelry Stores Small Business Loans

Looking for small business loans for jewelry stores? An SBA loan may be just what you've been looking for. This $100,000 jewelry stores loan was issued by a Texas bank.

This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Metrobank, out of Houston, Texas. The loan was granted and they received $100,000 to help grow their Richardson, Texas business.

SBA Loan Borrower

COMPANY TYPE: JEWELRY STORES
RICHARDSON, TX 75080

SBA Loan Lender

METROBANK
9600 BELLAIRE BLVD
HOUSTON, TX 77036

This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

5944 - Jewelry Stores

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

1/21/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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. This SBA loan request indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

Realistic Debt Financing Options

Best Banks in Houston, Texas

SBA Texas Banks