San Antonio, Texas Bank Gives SBA Loan to Services Related To Advertising Company
Find San Antonio, Texas banks that specialize in SBA loans and know how to work with entrepreneurs. Jefferson Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in San Antonio, Texas starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Jefferson Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: SERVICES RELATED TO ADVERTISING
SAN ANTONIO, TX 78249
SBA Loan Lender
JEFFERSON BANK
7666 BANDERA RD
SAN ANTONIO, TX 78238
This lender issued this SBA small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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.
NAICS Code
541890 - Services Related to Advertising
Loan Approval Date
5/25/2005
Loan Approval Gross Amount
$144,000
Loan Approval from the SBA
Of the total $144,000 loan amount, the SBA guaranteed $122,400.
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 30 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Microlending as a Small Business Funding Source
SBA Participating Banks in San Antonio, Texas
Getting an SBA Loan in Texas