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April 27, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Garland, Business Loans > United Central Bank Garland Business Loans > Coin-Operated Laundries And Drycleaners Loan | ||||
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How Do We Get a Business Loan in Garland, Texas?
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Coin-Operated Laundries and Drycleaners Commercial LoansLooking for commercial loans for coin-operated laundries and drycleaners? Try the SBA. This $465,000 coin-operated laundries and drycleaners loan was issued by a Texas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Garland, Texas was able to borrow $465,000 from United Central Bank. The SBA made the loan possible by guaranteeing $348,750 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: COIN-OPERATED LAUNDRIES AND DRYCLEANERS SBA Loan Lender UNITED CENTRAL BANK 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 812310 - Coin-Operated Laundries and Drycleaners Loan Approval Date 3/22/2004 Loan Approval Gross Amount $465,000 Loan Approval from the SBA Of the total $465,000 loan amount, the SBA guaranteed $348,750. 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 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Garland, Texas Banks for Small Business
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