Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Fort Worth, Texas SBA Banks

 

 
Loan Census SBA Loan Info

Fort Worth, Texas Lender Lends Money to Plumbing, Heating, And Air-Conditioning Contractors Company

Find Fort Worth, Texas banks that specialize in small business loans and know how to work with entrepreneurs. Surety Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Fort Worth, Texas starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Surety Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
FORT WORTH, TX 76111

SBA Loan Lender

SURETY BANK
1501 SUMMIT AVE
FORT WORTH, TX 76102

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

4/19/2006

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

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 5 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Obtaining Funding - How to Borrow Money

SBA 7A Lenders in Fort Worth, Texas

Find an SBA Lender in Texas