Amer Business Lending Inc. SBA Loan to No Industry Type Specified Company
Looking to get a Texas small business loan? Here's one Texas business loan that was approved by the SBA.
This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Amer Business Lending Inc., out of Dallas, Texas. The loan was granted and they received $1,680,000 to help grow their Waco, Texas business.
SBA Loan Borrower
COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
WACO, TX 76705
SBA Loan Lender
AMER BUSINESS LENDING INC.
1420 W. MOCKINGBIRD LANE, SUI
DALLAS, TX 75247
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
Loan Approval Date
4/13/2000
Loan Approval Gross Amount
$1,680,000
Loan Approval from the SBA
Of the total $1,680,000 loan amount, the SBA guaranteed $749,985.
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 12 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,680,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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.
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