Amer Business Lending Inc. Gives Business Loan to Office Supplies And Stationery Company
TexasBusiness loans are available to Texas business owners through the SBA. In this case, a Texas bank provides the loan.
You can learn something about getting a small business loan in Round Rock, Texas by studying this loan to a local business, made back in 2004. Banks like Amer Business Lending Inc. may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
ROUND ROCK, TX 78681
SBA Loan Lender
AMER BUSINESS LENDING INC.
1420 W. MOCKINGBIRD LANE, SUI
DALLAS, TX 75247
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453210 - Office Supplies and Stationery
Loan Approval Date
1/2/2004
Loan Approval Gross Amount
$97,000
Loan Approval from the SBA
Of the total $97,000 loan amount, the SBA guaranteed $82,450.
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 3 employees. The SBA loan documents did not indicate that the company planned to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Amer Business Lending Inc. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
SBIR Funding
Best Dallas, Texas Banks for Small Business
Getting a Business Loan in Texas