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November 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Fort Worth, Business Loans > Southwest Bank Fort Worth Business Loans > Motor Vehicle Dealers Loan | ||||
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Banks Doing SBA Loans in Texas
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Fort Worth, Texas Lender Lends Money to Motor Vehicle Dealers CompanyWant to talk with a Fort Worth, Texas bank about a small business loan? Here's one Texas business loan, issued by a Fort Worth bank, that was approved by the SBA. Applying for an SBA loan with Southwest Bank worked out well for our friends at one local business in Roanoke, Texas. The business was able to get an SBA loan for $322,000. Sweet! SBA Loan Borrower COMPANY TYPE: MOTOR VEHICLE DEALERS SBA Loan Lender SOUTHWEST BANK This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441229 - Motor Vehicle Dealers Loan Approval Date 4/24/2002 Loan Approval Gross Amount $322,000 Loan Approval from the SBA Of the total $322,000 loan amount, the SBA guaranteed $241,500. 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Southwest Bank and they will explain how you can get an SBA loan for your company. 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: Obtaining Funding - How to Decide How Much to Raise Find an SBA Lender in Fort Worth, Texas
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