Where to Get Capital for Plumbing, Heating, and Air-Conditioning Contractors
Looking for small business loans for plumbing, heating, and air-conditioning contractors? Try the SBA. This $67,000 plumbing, heating, and air-conditioning contractors loan was issued by a Texas bank.
This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with First Texas Bank, out of Round Rock, Texas. The loan was granted and they received $67,000 to help grow their Round Rock, Texas business.
SBA Loan Borrower
COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
ROUND ROCK, TX 78664
SBA Loan Lender
FIRST TEXAS BANK
500 E ROUND ROCK AVE
ROUND ROCK, TX 78680
This lender provides SBA debt financing 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
238220 - Plumbing, Heating, and Air-Conditioning Contractors
Loan Approval Date
5/4/2007
Loan Approval Gross Amount
$67,000
Loan Approval from the SBA
Of the total $67,000 loan amount, the SBA guaranteed $56,950.
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 only one employee. This SBA loan request indicated that the loan would help retain 250 existing jobs.
Start the Process for Getting an SBA Loan Today!
Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Texas Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Texas Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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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