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May 2, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Grapevine, Business Loans > Bank Of The West Grapevine Business Loans > Drycleaning Plants Loan | ||||
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Raising Money in Bedford, Texas With SBA Loans
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Small Business Loans for Drycleaning and Laundry ServicesLooking for small business loans for drycleaning and laundry services? An SBA loan may be just what you've been looking for. This $50,000 drycleaning and laundry services loan was issued by a Texas bank. This company knew how to go about getting a business bank loan. Based in Bedford, Texas, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Bank Of The West, based in Grapevine, Texas. SBA Loan Borrower COMPANY TYPE: DRYCLEANING PLANTS SBA Loan Lender BANK OF THE WEST This lender provides SBA small business 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. SIC Code 7216 - Drycleaning Plants NAICS Code 812320 - Drycleaning and Laundry Services Loan Approval Date 1/19/2000 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $40,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? 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 Bedford 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 Grapevine, Texas
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