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May 1, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Dallas, Business Loans > Amer Business Lending Inc. Dallas Business Loans > Excavation Contractors Loan | ||||
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Requirements for Businesses On Getting a Loan
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Excavation Contractors LoansWith these loans for excavation contractors, the SBA guarantees the lender that the loan will be repaid. This excavation contractors loan for $328,000 was given to a Texas entrepreneur in 2001. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Balch Springs, Texas was able to borrow $328,000 from Amer Business Lending Inc.. The SBA made the loan possible by guaranteeing $246,000 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: EXCAVATION CONTRACTORS SBA Loan Lender AMER BUSINESS LENDING INC. This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235930 - Excavation Contractors Loan Approval Date 6/7/2001 Loan Approval Gross Amount $328,000 Loan Approval from the SBA Of the total $328,000 loan amount, the SBA guaranteed $246,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 19 employees. The SBA loan documents indicated that the loan would help retain 19 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Balch Springs 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: Find an SBA Lender in Dallas, Texas
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