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November 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Universal City, Business Loans > Randolph-Brooks Fcu Universal City Business Loans > Emergency And Relief Services Loan | ||||
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Universal City, Texas Bank for SBA Loans
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Universal City, Texas Bank Gives SBA Loan to Emergency And Relief Services CompanyAn Universal City, Texas SBA loan can be yours. Learn how a company got a $50,000 business loan from this Texas bank. This loan to an entrepreneur is a good example of an SBA loan. Randolph-Brooks Fcu 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: EMERGENCY AND RELIEF SERVICES SBA Loan Lender RANDOLPH-BROOKS FCU This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 624230 - Emergency and Relief Services Loan Approval Date 11/13/2007 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Who Lends Money to Small Businesses in Universal City, Texas Where to Get an SBA Loan Texas
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