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December 22, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Fort Worth, Business Loans > Compass Bank Fort Worth Business Loans > Building Equipment Contractors Loan | ||||
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Fort Worth Bank Loan
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Fort Worth, Texas Bank Gives SBA Loan to Building Equipment Contractors CompanyA Fort Worth, Texas business loan can be yours. Learn how a company got a $82,000 business loan from this Texas bank. This loan to an entrepreneur is a good example of an SBA loan. Compass Bank made the loan and the SBA guaranteed a portion of the loan. Many other Texas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: BUILDING EQUIPMENT CONTRACTORS SBA Loan Lender COMPASS BANK This bank 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 238290 - Building Equipment Contractors Loan Approval Date 10/20/2003 Loan Approval Gross Amount $82,000 Loan Approval from the SBA Of the total $82,000 loan amount, the SBA guaranteed $41,000. 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 24 employees. The SBA loan documents indicated that the loan would help retain 24 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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. Related Links: Best Banks for Small Business in Fort Worth, Texas
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