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April 16, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Irving, Business Loans > Amresco Sba Holdings, Inc. Irving Business Loans > Convenience Stores Loan | ||||
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Texas SBA 7A Lenders
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Entrepreneur Works With Irving, Texas Bank to Get an SBA LoanThinking about meeting with an Irving, Texas bank about a business loan? Here's one Texas business loan, issued by an Irving bank, that was approved by the SBA. Applying for an SBA loan with Amresco Sba Holdings, Inc. worked out well for our friends at one local firm in Grand Prairie, Texas. The business was able to get an SBA loan for $1,062,000. Awesome! SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender AMRESCO SBA HOLDINGS, INC. 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 445120 - Convenience Stores Loan Approval Date 12/21/2000 Loan Approval Gross Amount $1,062,000 Loan Approval from the SBA Of the total $1,062,000 loan amount, the SBA guaranteed $749,995. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to find business people willing to loan money, 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: Advice on Getting a Small Business Loan SBA Approved Banks in Irving, Texas
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