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| Entrepreneur Resources | Amer Business Lending Inc. Dallas Business Loans | ||||
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Amer Business Lending Inc. Austin
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Business Loan from Amer Business Lending Inc. Given to Pace Opportunity Centers, Inc.Amer Business Lending Inc. is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Texas entrepreneur who tapped into the power of SBA loans.
Pace Opportunity Centers, Inc. knew how to go about getting a business bank loan. Based in Austin, Texas, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Amer Business Lending Inc., based in Dallas, Texas. SBA Loan Borrower PACE OPPORTUNITY CENTERS, INC. SBA Loan Lender AMER BUSINESS LENDING INC. SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8052 - Intermediate Care Facilities NAICS Code 623210 - Residential Mental Retardation Facilities Loan Approval Date 7/14/2004 Loan Approval Gross Amount $1,215,000 Loan Approval from the SBA Of the total $1,215,000 loan amount, the SBA guaranteed $911,250. More Information on This SBA Loan The borrower, Pace Opportunity Centers, Inc., borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 15 employees. The loan application did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Pace Opportunity Centers, Inc. did when it applied for and received this $1,215,000 loan. Remember, where there is a will, there is a way! About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Best Banks for Small Business in Dallas, Texas SBA Participating Banks in 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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