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May 5, 2024  
 
 
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How Hard Is It to Get a Small Business Loan in Austin, Texas?

 

 
Loan Census SBA Loan Info

Financing for Software Reproducing

Looking for commercial loans for software reproducing? Talk to a banker who works with the SBA. This $150,000 software reproducing loan was issued by a Texas bank.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with American Bank Of Commerce, out of Austin, Texas. The loan was granted and they received $150,000 to help grow their Austin, Texas business.

SBA Loan Borrower

COMPANY TYPE: SOFTWARE REPRODUCING
AUSTIN, TX 78729

SBA Loan Lender

AMERICAN BANK OF COMMERCE
2243 W BRAKER LN
AUSTIN, TX 78758

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

334611 - Software Reproducing

Loan Approval Date

7/29/2003

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 2 employees. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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.

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