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| Entrepreneur Resources | American Bank Of Commerce Wolfforth Business Loans | ||||
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American Bank Of Commerce Austin, Texas
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Business Loan from American Bank Of Commerce Given to Onhold Exchange Productions, LAmerican Bank Of Commerce 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 Onhold Exchange Productions, L back in 2003 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 ONHOLD EXCHANGE PRODUCTIONS, L SBA Loan Lender AMERICAN BANK OF COMMERCE This small business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a deep knowledge SBA policies and procedures. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7389 - Business Services, N.E.C. NAICS Code 561499 - All Other Business Support Services Loan Approval Date 9/24/2003 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower, Onhold Exchange Productions, L, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan to Onhold Exchange Productions, L shows that any business with ambition and the right qualifications can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Family and Friend Investors - Your First Financiers SBA 7A Lenders 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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