Entrepreneur Works With Frisco, Texas Bank to Get an SBA Loan

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

Applying for an SBA loan with First National Bank Southwest A Divi worked out well for our friends at one local company in Southlake, Texas. They received an SBA loan for $36,700. Awesome!

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
SOUTHLAKE, TX 76092

SBA Loan Lender

FIRST NATIONAL BANK SOUTHWEST A DIVI
4500 PRESTON RD
FRISCO, TX 75034

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

2/23/2007

Loan Approval Gross Amount

$36,700

Loan Approval from the SBA

Of the total $36,700 loan amount, the SBA guaranteed $31,195.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $36,700. How would you spend $36,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

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SBA Participating Banks in Frisco, Texas

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