SBA Loan from Amegy Bank Helps Aircraft Engine And Engine Parts Manufacturing Company
Amegy Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Texas entrepreneur was able to get a loan to take a small business to the next level.
Getting a small business loan in Spring, Texas was an essential business goal for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Amegy Bank, operating out of Houston, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: AIRCRAFT ENGINE AND ENGINE PARTS MANUFACTURING
SPRING, TX 77393
SBA Loan Lender
AMEGY BANK
4400 POST OAK PKWY
HOUSTON, TX 77027
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
336412 - Aircraft Engine and Engine Parts Manufacturing
Loan Approval Date
9/3/2004
Loan Approval Gross Amount
$1,000,000
Loan Approval from the SBA
Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 15 new jobs.
Next Steps for Getting an SBA Loan
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.
Related Links:
504 Loans
SBA Banks in Houston, Texas
Texas SBA 7A Lenders