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May 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > San Antonio, Business Loans > The Frost National Bank San Antonio Business Loans > Computer And Office Machine Repair And Maintenance Loan | ||||
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Banks for Boerne, Texas Business Owners
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Computer and Office Machine Repair and Maintenance Commercial LoansLooking for commercial loans for computer and office machine repair and maintenance? An SBA loan may be just what you've been looking for. This $132,000 computer and office machine repair and maintenance loan was issued by a Texas bank. This business knew how to go about getting a business bank loan. Based in Boerne, Texas, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was The Frost National Bank, based in San Antonio, Texas. SBA Loan Borrower COMPANY TYPE: COMPUTER AND OFFICE MACHINE REPAIR AND MAINTENANCE SBA Loan Lender THE FROST NATIONAL BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 811212 - Computer and Office Machine Repair and Maintenance Loan Approval Date 1/10/2006 Loan Approval Gross Amount $132,000 Loan Approval from the SBA Of the total $132,000 loan amount, the SBA guaranteed $66,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $132,000 loan. Remember, fight for what you want, and it will be yours! 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: Banking Deregulation's Effects on Entrepreneurship Find an SBA Lender in San Antonio, Texas
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