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April 28, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Birmingham, Business Loans > Compass Bank Birmingham Business Loans > Pipeline Transportation Of Refined Patroleum Products Loan | ||||
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Best Banks That Lend to Texas Small Business Owners
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Growing Company Gets a Texas SBA LoanBank loans in Texas are are few and far betweeen these days. We take a look at one Texas bank loan, provided by an Alabama bank, that was approved by the SBA. Getting a small business loan in Houston, Texas was a top priority for this loan applicant back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Compass Bank. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: PIPELINE TRANSPORTATION OF REFINED PATROLEUM PRODUCTS SBA Loan Lender COMPASS BANK This SBA bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 486910 - Pipeline Transportation of Refined Patroleum Products Loan Approval Date 7/13/2005 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 13 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. 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. Related Links: Obtaining Funding - How to Borrow Money Where to Get an SBA Loan in Birmingham, Alabama Browse All Business Loan Sources for Alabama
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