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May 2, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Arlington, Business Loans > Southwest Securities, Fsb Arlington Business Loans > Truck Trailers Loan | ||||
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Best Banks for Mansfield, Texas Businesses
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Commercial Loans for Truck Trailer ManufacturingLooking for commercial loans for truck trailer manufacturing? An SBA loan may be just what you've been looking for. This $350,000 truck trailer manufacturing loan was issued by a Texas bank. This small business knew how to go about getting a business bank loan. Based in Mansfield, Texas, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Southwest Securities, Fsb, based in Arlington, Texas. SBA Loan Borrower COMPANY TYPE: TRUCK TRAILERS SBA Loan Lender SOUTHWEST SECURITIES, FSB This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3715 - Truck Trailers NAICS Code 336212 - Truck Trailer Manufacturing Loan Approval Date 2/23/2001 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $249,998. 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 23 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Southwest Securities, Fsb so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Best Banks in Arlington, Texas
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