Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

Fort Worth, Texas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Fort Worth, Texas Lender Lends Money to Software Publishers Company

Want to talk with a Fort Worth, Texas bank about an SBA loan? Here's one Texas business loan, issued by a Fort Worth bank, that was approved by the SBA.

Applying for an SBA loan with Worth National Bank worked out well for our friends at one local company in Fort Worth, Texas. The business was able to get an SBA loan for $220,000. Great job!

SBA Loan Borrower

COMPANY TYPE: SOFTWARE PUBLISHERS
FORT WORTH, TX 76111

SBA Loan Lender

WORTH NATIONAL BANK
3908 TELEPHONE RD
FORT WORTH, TX 76135

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

511210 - Software Publishers

Loan Approval Date

1/10/2007

Loan Approval Gross Amount

$220,000

Loan Approval from the SBA

Of the total $220,000 loan amount, the SBA guaranteed $110,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Fort Worth TX, you ought to talk with a local Fort Worth SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fort Worth businesses.

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:

Obtaining Funding From a Venture Capitalist

Where to Get an SBA Loan in Fort Worth, Texas

Texas SBA 7A Lenders