SBA Loan from Amegy Bank Helps Drapery Hardware And Window Blinds And Shades Company

Amegy Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Texas entrepreneur was able to get a loan to take a small business to the next level.

This growing company knew how to go about getting a business bank loan. Based in Houston, Texas, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Amegy Bank, based in Spring, Texas.

SBA Loan Borrower

COMPANY TYPE: DRAPERY HARDWARE AND WINDOW BLINDS AND SHADES
HOUSTON, TX 77065

SBA Loan Lender

AMEGY BANK
1000 SPRING CYPRESS RD
SPRING, TX 77373

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2591 - Drapery Hardware and Window Blinds and Shades

NAICS Code

337920 - Blind and Shade Manufacturing

Loan Approval Date

2/9/2000

Loan Approval Gross Amount

$145,300

Loan Approval from the SBA

Of the total $145,300 loan amount, the SBA guaranteed $108,975.

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 15 employees. The loan application did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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