Austin, Texas Entrepreneur Gets a Small Business Loan
Want a Texas SBA loan? This Texas entrepreneur got an SBA loan, provided by a Texas bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Austin, Texas by studying this loan to Complete Concrete Work, made back in 2003. Banks like Jpmorgan Chase Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPLETE CONCRETE WORK
1508 E 4TH
AUSTIN, TX 78702
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
235420 - Drywall, Plastering, Acoustical, and Insulation Contractors
Loan Approval Date
4/29/2003
Loan Approval Gross Amount
$12,000
Loan Approval from the SBA
Of the total $12,000 loan amount, the SBA guaranteed $6,000.
More Information on This SBA Loan
The borrower, Complete Concrete Work, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Jpmorgan Chase Bank 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.
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