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May 6, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Los Angeles, Business Loans > Center Bank Los Angeles Business Loans > Drycleaning And Laundry Services Loan | ||||
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Get an SBA 7A Loan in Mesquite, Texas
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Company Gets a Texas Small Business LoanSBA loans in Texas are tough to come by these days. We take a look at one Texas SBA loan, provided by a California bank, that was approved by the SBA. Getting a small business loan in Mesquite, Texas was a top priority for this particular business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Center Bank. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES SBA Loan Lender CENTER BANK This lender provides SBA 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. NAICS Code 812320 - Drycleaning and Laundry Services Loan Approval Date 9/6/2006 Loan Approval Gross Amount $158,000 Loan Approval from the SBA Of the total $158,000 loan amount, the SBA guaranteed $118,500. 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Center Bank 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: The Friends and Family Network Best Banks in Los Angeles, California
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