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May 2, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > North Richland Hills, Business Loans > The Frost National Bank North Richland Hills Business Loans > Landscaping Services Loan | ||||
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Banks in North Richland Hills, Texas That Make SBA Loans
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Entrepreneur Works With North Richland Hills, Texas Bank to Get an SBA LoanWant to talk with a North Richland Hills, Texas bank about a small business loan? Here's one Texas business loan, issued by a North Richland Hills bank, that was approved by the SBA. Applying for an SBA loan with The Frost National Bank worked out well for our friends at one local company in Fort Worth, Texas. They got an SBA loan for $534,200. Way to go! SBA Loan Borrower COMPANY TYPE: LANDSCAPING SERVICES SBA Loan Lender THE FROST NATIONAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561730 - Landscaping Services Loan Approval Date 6/14/2004 Loan Approval Gross Amount $534,200 Loan Approval from the SBA Of the total $534,200 loan amount, the SBA guaranteed $400,650. 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 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs. Start the Process for Getting an SBA Loan Today! 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. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Good Banks for Small Business in North Richland Hills, Texas
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