Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Terrell, Texas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Terrell, Texas Bank Lends Money to Transportation Equipment And Supplies Company in Rockwall, Texas

Want to talk with a Terrell, Texas bank about a small business loan? Here's one Texas business loan, issued by a Terrell bank, that was approved by the SBA.

Applying for an SBA loan with Amer National Bank - Texas worked out well for our friends at one local business in Rockwall, Texas. They got an SBA loan for $75,000. Nice!

SBA Loan Borrower

COMPANY TYPE: TRANSPORTATION EQUIPMENT AND SUPPLIES
ROCKWALL, TX 75032

SBA Loan Lender

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

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423860 - Transportation Equipment and Supplies

Loan Approval Date

2/4/2004

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 only one employee. This SBA loan request indicated that the funding would help create 2 new jobs.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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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Banks in Terrell, Texas

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