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May 1, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Arlington, Business Loans > Southwest Securities, Fsb Arlington Business Loans > Promoters Of Performing Arts, Sports, And Similar Events With Facilities Loan | ||||
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Small Business Banks for Dallas, Texas Small Businesses
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Southwest Securities, Fsb Gives Bank Loan to Promoters Of Performing Arts, Sports, And Similar Events With Facilities CompanyWant a Texas bank loan? This Texas entrepreneur got a bank loan, provided by a Texas bank that works with the SBA to help small business owners. This small business, based in Dallas, Texas, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Southwest Securities, Fsb. We've got the inside scoop on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: PROMOTERS OF PERFORMING ARTS, SPORTS, AND SIMILAR EVENTS WITH FACILITIES SBA Loan Lender SOUTHWEST SECURITIES, FSB As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 711310 - Promoters of Performing Arts, Sports, and Similar Events with Facilities Loan Approval Date 9/2/2004 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help create 25 new jobs. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. 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 $200,000 loan. Remember, you control your own destiny. 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: Who Lends Money to Small Businesses in Arlington, Texas
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