San Antonio, Texas Lender Lends Money to Nondurable Goods Merchant Wholesalers Company

Thinking about meeting with a San Antonio, Texas bank about a small business loan? Here's one Texas business loan, issued by a San Antonio bank, that was approved by the SBA.

Applying for an SBA loan with Broadway National Bank worked out well for our friends at one local company in San Antonio, Texas. The business was able to get an SBA loan for $622,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: NONDURABLE GOODS MERCHANT WHOLESALERS
SAN ANTONIO, TX 78248

SBA Loan Lender

BROADWAY NATIONAL BANK
1177 NE LOOP 410
SAN ANTONIO, TX 78209

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424990 - Nondurable Goods Merchant Wholesalers

Loan Approval Date

6/27/2006

Loan Approval Gross Amount

$622,000

Loan Approval from the SBA

Of the total $622,000 loan amount, the SBA guaranteed $466,500.

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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

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.

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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