Wolfforth, Texas Bank Lends Money to 360 Production Group Inc in Austin, Texas
Get business loans from a Wolfforth, Texas bank that knows how to treat small business owners right! If 360 Production Group Inc can get a loan, there's no reason you can't do it too.
American Bank Of Commerce is a Wolfforth, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to 360 Production Group Inc a Texas company.
SBA Loan Borrower
360 PRODUCTION GROUP INC
5555 N LAMAR BLVD
AUSTIN, TX 78751
SBA Loan Lender
AMERICAN BANK OF COMMERCE
W 82ND ST AND US HWY 62/82
WOLFFORTH, TX 79382
This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
541850 - Display Advertising
Loan Approval Date
6/1/2007
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $15,000.
More Information on This SBA Loan
The borrower, 360 Production Group Inc, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.
Next Steps for Getting an SBA Loan
Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like American Bank Of Commerce that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Obtaining Funding - Getting Venture Capital
SBA Approved Banks in Wolfforth, Texas
Getting a Business Loan in Texas
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