 |
 |
December 22, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Texas Business Loan Sources > Dallas, Business Loans > Amer Business Lending Inc. Dallas Business Loans > Landscaping Services Loan | ||||
 |
||||
How to Get SBA Loans in Round Rock, Texas
|
||||
 |
Landscaping Services Small Business LoansLooking for small business loans for landscaping services? Talk to a banker who works with the SBA. This $440,700 landscaping services loan was issued by a Texas bank. This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Amer Business Lending Inc., out of Dallas, Texas. The loan was granted and they received $440,700 to help grow their Round Rock, Texas business. SBA Loan Borrower COMPANY TYPE: LANDSCAPING SERVICES SBA Loan Lender AMER BUSINESS LENDING INC. This lender provides SBA bank 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 561730 - Landscaping Services Loan Approval Date 11/22/2004 Loan Approval Gross Amount $440,700 Loan Approval from the SBA Of the total $440,700 loan amount, the SBA guaranteed $330,525. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 18 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 18 existing jobs. Start the Process for Getting an SBA Loan Today! 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. There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower. Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today! 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: Advice on Getting a Small Business Loan SBA 7A Banks for Dallas, Texas Loans
|
|
||
|
||||
|
|
||||