Where to Get Capital for Communication Equipment Repair and Maintenance

With these small business loans for communication equipment repair and maintenance, the SBA guarantees the lender that the loan will be repaid. This communication equipment repair and maintenance loan for $113,900 was given to a Texas entrepreneur in 2002.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sweetwater, Texas was able to borrow $113,900 from Texas National Bank. The SBA made the loan possible by guaranteeing $96,815 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMUNICATION EQUIPMENT REPAIR AND MAINTENANCE
SWEETWATER, TX 79556

SBA Loan Lender

TEXAS NATIONAL BANK
400 E BROADWAY
SWEETWATER, TX 79556

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811213 - Communication Equipment Repair and Maintenance

Loan Approval Date

2/25/2002

Loan Approval Gross Amount

$113,900

Loan Approval from the SBA

Of the total $113,900 loan amount, the SBA guaranteed $96,815.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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:

Financing Your Business

Where to Get an SBA Loan in Sweetwater, Texas

SBA Lenders in Texas