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May 16, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > San Antonio, Business Loans > The Frost National Bank San Antonio Business Loans > Building Material Dealers Loan | ||||
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San Antonio Bank Loan
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San Antonio, Texas Bank Lends Money to Building Material Dealers Company in Leander, TexasA San Antonio, Texas SBA loan can be yours. Learn how one firm got a $110,600 business loan from this Texas bank. This loan to an entrepreneur is a good example of an SBA loan. The Frost National Bank made the loan and the SBA guaranteed a portion of the loan. Many other Texas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: BUILDING MATERIAL DEALERS SBA Loan Lender THE FROST NATIONAL BANK The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 444190 - Building Material Dealers Loan Approval Date 5/5/2006 Loan Approval Gross Amount $110,600 Loan Approval from the SBA Of the total $110,600 loan amount, the SBA guaranteed $55,300. More Information on This SBA Loan The borrower borrowed this money for a new 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 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start business in Leander TX, you ought to talk with a local Leander SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Leander businesses. This SBA loan was for $110,600. How would you spend $110,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Banks in San Antonio, Texas
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