Loan Census Banking News and Information
April 18, 2024  
 
 
  Business Loan Information  
 

I Need an SBA 7A Loan in Austin, Texas

 

 
Loan Census SBA Loan Info

Where to Get Capital for Services Related to Advertising

With these small business loans for services related to advertising, the SBA guarantees the lender that the loan will be repaid. This services related to advertising loan for $10,000 was given to a Texas entrepreneur in 2006.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Austin, Texas was able to borrow $10,000 from Washington Mutual Bank. The SBA made the loan possible by guaranteeing $5,000 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: SERVICES RELATED TO ADVERTISING
AUSTIN, TX 78759

SBA Loan Lender

WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541890 - Services Related to Advertising

Loan Approval Date

1/24/2006

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Austin or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

How to Raise Money

SBA Participating Banks in Henderson, Nevada

Nevada SBA Banks