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May 14, 2024  
 
 
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Loan Census SBA Loan Info

Merrill Lynch Bank Usa SBA Loan to Communications Services Company

Looking to get a Texas SBA loan? Here's one Texas business loan that was approved by the SBA.

This growing firm needed an SBA business loan in Mesquite, Texas back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Merrill Lynch Bank Usa, operating out of Salt Lake City, Utah. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMUNICATIONS SERVICES
MESQUITE, TX 75150

SBA Loan Lender

MERRILL LYNCH BANK USA
15 W SOUTH TEMPLE, STE 300
SALT LAKE CITY, UT 84101

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4899 - Communications Services

Loan Approval Date

2/4/2000

Loan Approval Gross Amount

$1,047,900

Loan Approval from the SBA

Of the total $1,047,900 loan amount, the SBA guaranteed $749,992.

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 51 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 61 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We can help you find the best banks for small businesses in Mesquite or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Financing Your Business

Good Banks for Small Business in Salt Lake City, Utah

Where to Get an SBA Loan Utah