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May 12, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Round Rock, Business Loans > First Texas Bank Round Rock Business Loans > Architectural Services Loan | ||||
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Texas Bank SBA Loans
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Round Rock, Texas Lender Lends Money to Architectural Services CompanyWant to talk with a Round Rock, Texas bank about a small business loan? Here's one Texas business loan, issued by a Round Rock bank, that was approved by the SBA. Applying for an SBA loan with First Texas Bank worked out well for our friends at one local business in Round Rock, Texas. The business was able to get an SBA loan for $150,000. Great job! SBA Loan Borrower COMPANY TYPE: ARCHITECTURAL SERVICES SBA Loan Lender FIRST TEXAS BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541310 - Architectural Services Loan Approval Date 8/19/2004 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 11 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Raising VC Money for Social Networking Companies SBA Participating Banks in Round Rock, Texas Browse All Business Loan Sources for Texas
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