San Antonio, Texas Business Gets SBA-Guaranteed Funding from Surety Bank
Surety Bank has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.
Getting a small business loan in San Antonio, Texas was an essential business goal for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Surety Bank, operating out of Fort Worth, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: BUILDING CLEANING AND MAINTENANCE SERVICES, N.E.C
SAN ANTONIO, TX 78237
SBA Loan Lender
SURETY BANK
1501 SUMMIT AVE
FORT WORTH, TX 76102
This lender issued this loan for a small business under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7349 - Building Cleaning and Maintenance Services, N.E.C
NAICS Code
561790 - Services to Buildings and Dwellings
Loan Approval Date
11/16/2004
Loan Approval Gross Amount
$532,156
Loan Approval from the SBA
Of the total $532,156 loan amount, the SBA guaranteed $399,117.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 17 employees. The SBA loan documents did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $532,156 loan. Remember, where there is a will, there is a way!
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:
Small Business Loan
Find an SBA Lender in Fort Worth, Texas
Texas SBA 7A Lenders