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April 24, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Irving, Business Loans > State Bank Of Texas Irving Business Loans > Car Washes Loan | ||||
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Grand Prairie, Texas Bank for SBA Loans
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SBA Loans for Car WashesLooking for SBA loans for car washes? The SBA may be the answer. This $785,000 car washes loan was issued by a Texas bank. This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with State Bank Of Texas, out of Irving, Texas. The loan was granted and they received $785,000 to help grow their Grand Prairie, Texas business. SBA Loan Borrower COMPANY TYPE: CAR WASHES SBA Loan Lender STATE BANK OF TEXAS This lender provides SBA debt financing 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 811192 - Car Washes Loan Approval Date 7/27/2001 Loan Approval Gross Amount $785,000 Loan Approval from the SBA Of the total $785,000 loan amount, the SBA guaranteed $588,750. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like State Bank Of Texas and they will explain how you can get an SBA loan for your company. 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: SBA 7A Banks for Irving, Texas Loans
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