SBA Loan from Bank Of America Helps Custom Buckles By Marco
An SBA loan from Bank Of America typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Austin, Texas business owner got a $12,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Austin, Texas was able to borrow $12,000 from Bank Of America. The SBA made the loan possible by guaranteeing $6,000 of this Texas small business loan.
SBA Loan Borrower
CUSTOM BUCKLES BY MARCO
10900 SLAUGHTER CREEK DRIVE
AUSTIN, TX 78748
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This SBA bank 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
332812 - Metal Coating, Engraving (except Jewelry and Silverware), and Allied Servic
Loan Approval Date
6/13/2003
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, Custom Buckles By Marco, 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. This loan was paid in full, and was closed out on 12/24/2006.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $12,000. How would you spend $12,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Custom Buckles By Marco, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Role of Business Plan When Raising Money
SBA Participating Banks in Charlotte, North Carolina
Find an SBA Lender in North Carolina
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