Entrepreneur Works With Universal City, Texas Bank to Get an SBA Loan

Want to talk with an Universal City, Texas bank about a small business loan? Here's one Texas business loan, issued by an Universal City bank, that was approved by the SBA.

Applying for an SBA loan with Randolph-Brooks Fcu worked out well for our friends at one local business in San Antonio, Texas. The business was able to get an SBA loan for $50,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: OFFICE ADMINISTRATIVE SERVICES
SAN ANTONIO, TX 78217

SBA Loan Lender

RANDOLPH-BROOKS FCU
HARMON DR RANDOLPH AFB, BLDG
UNIVERSAL CITY, TX 78148

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561110 - Office Administrative Services

Loan Approval Date

4/19/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in San Antonio TX, you ought to talk with a local San Antonio SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Antonio businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

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Best Universal City, Texas Banks for Small Business

Getting a Business Loan in Texas