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May 1, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Las Vegas, Business Loans > Citibank Las Vegas Business Loans > General Automotive Repair Loan | ||||
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I Need a Small Business Loan in Manchaca, Texas
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Financing for General Automotive RepairWith these loans for general automotive repair, the SBA guarantees the lender that the loan will be repaid. This general automotive repair loan for $30,000 was given to a Texas entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Manchaca, Texas was able to borrow $30,000 from Citibank. The SBA made the loan possible by guaranteeing $15,000 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR SBA Loan Lender CITIBANK This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 811111 - General Automotive Repair Loan Approval Date 2/22/2007 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $15,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs. Getting an SBA Loan For Your Business If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citibank and they will explain how you can get an SBA loan for your company. 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: Where to Get an SBA Loan in Las Vegas, Nevada
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