Entrepreneur Works With Universal City, Texas Bank to Get an SBA Loan
Want to talk with an Universal City, Texas bank about a business loan? Here's one Texas business loan, issued by an Universal City bank, that was approved by the SBA.
Applying for an SBA loan with Texstar National Bank worked out well for our friends at one local company in San Antonio, Texas. They got an SBA loan for $300,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
SAN ANTONIO, TX 78230
SBA Loan Lender
TEXSTAR NATIONAL BANK
600 PAT BOOKER RD
UNIVERSAL CITY, TX 78148
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
722110 - Full-Service Restaurants
Loan Approval Date
9/13/2006
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 12 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 12 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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