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| Entrepreneur Resources | American Bank Of Commerce Wolfforth Business Loans | ||||
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Small Business Banks in Texas
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SBA Loans for Engineering ServicesLooking for SBA loans for engineering services? Try the SBA. This $150,000 engineering services loan was issued by a Texas bank.
Getting a small business loan in Austin, Texas was important for Eureka Environmental Engineeri back in 2004 and, based on their loan application, they were successful in getting an SBA loan from American Bank Of Commerce, operating out of Wolfforth, Texas. Here are the details on this Texas small business loan. SBA Loan Borrower EUREKA ENVIRONMENTAL ENGINEERI SBA Loan Lender AMERICAN BANK OF COMMERCE This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541330 - Engineering Services Loan Approval Date 8/19/2004 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower, Eureka Environmental Engineeri, borrowed this money for a new 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 17 employees. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like American Bank Of Commerce 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: Best Banks in Wolfforth, 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.
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