Dallas, Texas Lender Lends Money to Special Trade Contractors Company

Find Dallas, Texas banks that specialize in SBA loans and know how to work with entrepreneurs. Fdic/net First National Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Stuart, Florida starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Fdic/net First National Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: SPECIAL TRADE CONTRACTORS
STUART, FL 34996

SBA Loan Lender

FDIC/NET FIRST NATIONAL BANK
1910 PACIFIC AVE
DALLAS, TX 75201

This loan for a small business 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.

SIC Code

1799 - Special Trade Contractors

Loan Approval Date

5/25/2000

Loan Approval Gross Amount

$573,000

Loan Approval from the SBA

Of the total $573,000 loan amount, the SBA guaranteed $429,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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