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April 30, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Wilmington, Business Loans > Lehman Brothers Bank, Fsb Wilmington Business Loans > Machine Shops Loan | ||||
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Who Can Get a Business Loan in Dallas, Texas?
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Machine Shops LoansLooking for loans for machine shops? An SBA loan may be just what you've been looking for. This $338,700 machine shops loan was issued by a Delaware bank. Getting a small business loan in Dallas, Texas was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Lehman Brothers Bank, Fsb, operating out of Wilmington, Delaware. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: MACHINE SHOPS SBA Loan Lender LEHMAN BROTHERS BANK, FSB 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 332710 - Machine Shops Loan Approval Date 11/29/2005 Loan Approval Gross Amount $338,700 Loan Approval from the SBA Of the total $338,700 loan amount, the SBA guaranteed $254,025. 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 16 employees. The SBA loan application for the borrower indicated that the loan would help retain 16 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. This SBA loan was for $338,700. How would you spend $338,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Realistic Debt Financing Options SBA 7A Banks for Wilmington, Delaware Loans
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