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December 22, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Tyler, Business Loans > Beacon Federal Tyler Business Loans > Medical Equipment Rental And Leasing Loan | ||||
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Tyler, Texas SBA 7A Banks
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Tyler, Texas Bank Lends Money to Medical Equipment Rental And Leasing Company in Tyler, TexasFind Tyler, Texas banks that specialize in small business loans and know how to work with entrepreneurs. Beacon Federal is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Tyler, Texas starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Beacon Federal. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: MEDICAL EQUIPMENT RENTAL AND LEASING SBA Loan Lender BEACON FEDERAL The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide debt financing to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7352 - Medical Equipment Rental and Leasing NAICS Code 532291 - Home Health Equipment Rental Loan Approval Date 5/3/2002 Loan Approval Gross Amount $225,000 Loan Approval from the SBA Of the total $225,000 loan amount, the SBA guaranteed $168,750. 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 5 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours 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. Related Links: A Company That Helps Entrepreneurs
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