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May 17, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Mercedes, Business Loans > Texas National Bank Mercedes Business Loans > Physical, Occupational And Speech Therapists, And Audiologists Loan | ||||
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Texas National Bank Brownsville
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Brownsville, Texas Business Gets SBA-Guaranteed Funding from Texas National BankAn SBA loan from Texas National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Brownsville, Texas business owner got a $100,000 loan. This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Texas National Bank, out of Mercedes, Texas. The loan was granted and they received $100,000 to help grow their Brownsville, Texas business. SBA Loan Borrower COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS SBA Loan Lender TEXAS NATIONAL BANK This lender issued this small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621340 - Physical, Occupational and Speech Therapists, and Audiologists Loan Approval Date 9/17/2004 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. 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 3 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start business in Brownsville TX, you ought to talk with a local Brownsville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Brownsville businesses. 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 Texas National Bank 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: Raising VC Money for Social Networking Companies Who Lends Money to Small Businesses in Mercedes, Texas Browse All Business Loan Sources for Texas
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