Arlington, Texas Lender Lends Money to Basic Inorganic Chemical Manufacturing Company

Get to know Arlington, Texas banks that specialize in SBA loans and know how to work with entrepreneurs. Southwest Securities, Fsb is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Farmers Branch, Texas starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Southwest Securities, Fsb. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: BASIC INORGANIC CHEMICAL MANUFACTURING
FARMERS BRANCH, TX 75244

SBA Loan Lender

SOUTHWEST SECURITIES, FSB
301 S CENTER ST, STE #120
ARLINGTON, TX 76010

This lender provides SBA guaranteed business 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.

NAICS Code

325188 - Basic Inorganic Chemical Manufacturing

Loan Approval Date

7/3/2007

Loan Approval Gross Amount

$575,000

Loan Approval from the SBA

Of the total $575,000 loan amount, the SBA guaranteed $431,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 12 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 12 existing jobs.

Start the Process for Getting an SBA Loan Today!

Remember, you 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.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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