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April 26, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Roswell, Business Loans > First Fed. A Division - Washin Roswell Business Loans > Masonry And Stone Contractors Loan | ||||
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SBA Lender Roswell
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Roswell, New Mexico Bank Lends Money to Masonry And Stone Contractors Company in El Paso, TexasWant to talk with a Roswell, New Mexico bank about a business loan? Here's one Texas business loan, issued by a Roswell bank, that was approved by the SBA. Applying for an SBA loan with First Fed. A Division - Washin worked out well for our friends at one local business in El Paso, Texas. They got an SBA loan for $50,000. Awesome! SBA Loan Borrower COMPANY TYPE: MASONRY AND STONE CONTRACTORS SBA Loan Lender FIRST FED. A DIVISION - WASHIN This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 235410 - Masonry and Stone Contractors Loan Approval Date 9/7/2001 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 20 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Lenders in Roswell, New Mexico
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