Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

We Needed a Business Loan in Forth Worth, Texas and We Got One!

 

 
Loan Census SBA Loan Info

Borrowing Money for Building Inspection Services

Looking for loans for building inspection services? Try the SBA. This $150,000 building inspection services loan was issued by a Texas bank.

Getting a small business loan in Forth Worth, Texas was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from State National Bank, operating out of Fort Worth, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: BUILDING INSPECTION SERVICES
FORTH WORTH, TX 76161

SBA Loan Lender

STATE NATIONAL BANK
4500 MERCANTILE PLZA, STE 300
FORT WORTH, TX 76137

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541350 - Building Inspection Services

Loan Approval Date

5/31/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 6 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in Forth Worth TX, you ought to talk with a local Forth Worth SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Forth Worth businesses.

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 $150,000 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:

Small Business Loan

SBA Approved Banks in Fort Worth, Texas

Find an SBA Lender in Texas