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May 1, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Sherman, Business Loans > American Bank Of Texas Sherman Business Loans > Dentists Loan | ||||
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Sherman, Texas SBA 7A Banks
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Sherman, Texas Lender Lends Money to Dentists CompanyThinking about meeting with a Sherman, Texas bank about a small business loan? Here's one Texas business loan, issued by a Sherman bank, that was approved by the SBA. Applying for an SBA loan with American Bank Of Texas worked out well for our friends at one local company in Sherman, Texas. They received an SBA loan for $75,000. Great job! SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender AMERICAN BANK OF TEXAS This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 11/9/2005 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. More Information on This SBA Loan The borrower borrowed this money for an existing 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 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: Best Banks for Small Business in Sherman, Texas
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