Austin, Texas Business Gets SBA-Guaranteed Funding from Randolph-Brooks Fcu

Randolph-Brooks Fcu has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.

Getting a small business loan in Austin, Texas was an essential business goal for Margaret Elizabeth Rayne, D.D.S., P.C. back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Randolph-Brooks Fcu, operating out of Universal City, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

MARGARET ELIZABETH RAYNE, D.D.S., P.C.
1221 West Ben White Blvd. S
AUSTIN, TX 78704

SBA Loan Lender

RANDOLPH-BROOKS FCU
HARMON DR RANDOLPH AFB, BLDG
UNIVERSAL CITY, TX 78148

This lender processed this loan 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

621210 - Offices of Dentists

Loan Approval Date

9/24/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower, Margaret Elizabeth Rayne, D.D.S., P.C., borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this Margaret Elizabeth Rayne, D.D.S., P.C. loan from Randolph-Brooks Fcu so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

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