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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Waco, Business Loans > Amer Bank Waco Business Loans > Store Retailers Loan | ||||
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We Needed an SBA Loan in Waco, Texas and We Got One!
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Loans for Store RetailersLooking for loans for store retailers? The SBA may be the answer. This $42,000 store retailers loan was issued by a Texas bank. This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Amer Bank, out of Waco, Texas. The loan was granted and they received $42,000 to help grow their Waco, Texas business. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender AMER BANK This bank 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 453998 - Store Retailers Loan Approval Date 1/29/2007 Loan Approval Gross Amount $42,000 Loan Approval from the SBA Of the total $42,000 loan amount, the SBA guaranteed $35,700. 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 3 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Amer Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Best Waco, Texas Banks for Small Business
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