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April 23, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Dallas, Business Loans > First Western Sblc, Inc Dallas Business Loans > Hotels And Motels Loan | ||||
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Dallas, Texas SBA 7A Banks
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Dallas, Texas Lender Lends Money to Hotels And Motels CompanyThinking about meeting with a Dallas, Texas bank about a small business loan? Here's one Arkansas business loan, issued by a Dallas bank, that was approved by the SBA. Applying for an SBA loan with First Western Sblc, Inc worked out well for our friends at one local business in Hardy, Arkansas. They received an SBA loan for $755,500. Great job! SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender FIRST WESTERN SBLC, INC This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 9/20/2001 Loan Approval Gross Amount $755,500 Loan Approval from the SBA Of the total $755,500 loan amount, the SBA guaranteed $566,625. 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 SBA loan documents indicated that the loan would help generate 2 new jobs and retain 12 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $755,500 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Good Banks for Small Business in Dallas, Texas
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