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May 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Stafford, Business Loans > Houston Commun Bank Stafford Business Loans > Commercial Equipment Merchant Wholesalers Loan | ||||
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Katy, Texas Bank Loan
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Borrowing Money for Commercial Equipment Merchant WholesalersLooking for loans for commercial equipment merchant wholesalers? Talk to a banker who works with the SBA. This $200,000 commercial equipment merchant wholesalers loan was issued by a Texas bank. Getting a small business loan in Katy, Texas was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Houston Commun Bank, operating out of Stafford, Texas. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: COMMERCIAL EQUIPMENT MERCHANT WHOLESALERS SBA Loan Lender HOUSTON COMMUN BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423440 - Commercial Equipment Merchant Wholesalers Loan Approval Date 1/25/2007 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. 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 40 employees. The loan application did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $200,000. How would you spend $200,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: The Friends and Family Network Best Banks for Small Business in Stafford, Texas
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