Corpus Christi, Texas Lender Lends Money to Bodybusiness, Ltd.
Get SBA loans from a Corpus Christi, Texas bank that knows how to treat small business owners right! If Bodybusiness, Ltd. can get a loan, there's no reason you can't do it too.
Amer Bank is a Corpus Christi, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Bodybusiness, Ltd. a Texas company.
SBA Loan Borrower
BODYBUSINESS, LTD.
3801 NORTH CAPITAL OF TEXAS
AUSTIN, TX 78746
SBA Loan Lender
AMER BANK
711 N CARANCAHUA
CORPUS CHRISTI, TX 78411
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7991 - Physical Fitness Facilities
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
12/4/2003
Loan Approval Gross Amount
$1,164,000
Loan Approval from the SBA
Of the total $1,164,000 loan amount, the SBA guaranteed $873,000.
More Information on This SBA Loan
The borrower, Bodybusiness, Ltd., borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 60 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Amer Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Accountant's Role in Securing Financing
SBA Participating Banks in Corpus Christi, Texas
SBA Lenders in Texas
If you are an ambitious entrepreneur or an aspiring executive
looking to get involved with a startup, please take the time to
learn more about Gaebler Ventures.