Loan Census Banking News and Information
May 5, 2024  
 
 
  Business Loan Information  
 

Coppell, Texas Bank Loan

 

 
Loan Census SBA Loan Info

Business Loans for Roofing Contractors

Looking for business loans for roofing contractors? An SBA loan may be just what you've been looking for. This $160,000 roofing contractors loan was issued by a Texas bank.

Getting a small business loan in Coppell, Texas was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Independent Bank Of Texas, operating out of Irving, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: ROOFING CONTRACTORS
COPPELL, TX 75019

SBA Loan Lender

INDEPENDENT BANK OF TEXAS
4300 N BELTLINE RD
IRVING, TX 75038

The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

238160 - Roofing Contractors

Loan Approval Date

8/5/2004

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $80,000.

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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Angel Investors

SBA 7A Banks for Irving, Texas Loans

Texas SBA 7A Lenders