Loan Census Banking News and Information
April 23, 2024  
 
 
  Business Loan Information  
 

Texas Small Business Funding

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Building Inspection Services

Looking for commercial loans for building inspection services? Talk to a banker who works with the SBA. This $750,000 building inspection services loan was issued by a Texas bank.

Getting a small business loan in Plano, Texas was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Viewpoint Bank, operating out of Plano, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
PLANO, TX 75074

SBA Loan Lender

VIEWPOINT BANK
1309 W 15TH ST
PLANO, TX 75075

This 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

7389 - Business Services

NAICS Code

541350 - Building Inspection Services

Loan Approval Date

3/5/2004

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

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 34 employees. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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:

Business Incubators

Where to Get an SBA Loan in Plano, Texas

Getting an SBA Loan in Texas