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December 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Round Rock, Business Loans > First Texas Bank Round Rock Business Loans > Direct Property And Casualty Insurance Carriers Loan | ||||
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First Texas Bank
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Business Loan from First Texas Bank Given to Direct Property And Casualty Insurance Carriers CompanyFirst Texas Bank has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Round Rock, Texas was able to borrow $150,000 from First Texas Bank. The SBA made the loan possible by guaranteeing $112,500 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: DIRECT PROPERTY AND CASUALTY INSURANCE CARRIERS SBA Loan Lender FIRST TEXAS 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 524126 - Direct Property and Casualty Insurance Carriers Loan Approval Date 7/20/2007 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. 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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Where to Get an SBA Loan in Round Rock, Texas Getting a Business Loan in Texas
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