Financing for Consumer Goods Rental

Looking for commercial loans for consumer goods rental? Talk to a banker who works with the SBA. This $100,000 consumer goods rental loan was issued by a Texas bank.

Getting a small business loan in Rockwall, Texas was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Amer National Bank - Texas, operating out of Terrell, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: CONSUMER GOODS RENTAL
ROCKWALL, TX 75032

SBA Loan Lender

AMER NATIONAL BANK - TEXAS
102 W MOORE
TERRELL, TX 75160

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

532299 - Consumer Goods Rental

Loan Approval Date

6/15/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 5 employees. The SBA loan application for the borrower did not indicate that the small business planned 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 can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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