Raising Money for Appliance Repair and Maintenance
Looking for business loans for appliance repair and maintenance? Try the SBA. This $107,600 appliance repair and maintenance loan was issued by a Texas bank.
Getting a small business loan in Austin, Texas was important for Ready To Sew Bernina 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
READY TO SEW BERNINA
8003 PETACA TRAIL
AUSTIN, TX 78729
SBA Loan Lender
AMERICAN BANK OF COMMERCE
W 82ND ST AND US HWY 62/82
WOLFFORTH, TX 79382
This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811412 - Appliance Repair and Maintenance
Loan Approval Date
4/27/2004
Loan Approval Gross Amount
$107,600
Loan Approval from the SBA
Of the total $107,600 loan amount, the SBA guaranteed $91,460.
More Information on This SBA Loan
The borrower, Ready To Sew Bernina, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We've showcased information on this loan to Ready To Sew Bernina to let you know that businesses like yours 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:
504 Loans
Where to Get an SBA Loan in Wolfforth, Texas
Texas SBA 7A Lenders
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