Birmingham, Alabama Bank Gives SBA Loan to Richard M Butcher Dds

Find Birmingham, Alabama banks that specialize in business loans and know how to work with entrepreneurs. Compass Bank is one such bank, as evidenced by this SBA loan to Richard M Butcher Dds.

Finding a small business loan in Austin, Texas starts with an understanding of who else has gotten loans in the area. In this case, Richard M Butcher Dds received funding from Compass Bank Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

RICHARD M BUTCHER DDS
11612 FM 2244
AUSTIN, TX 78738

SBA Loan Lender

COMPASS BANK
15 S 20TH ST
BIRMINGHAM, AL 35233

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

12/18/2007

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

More Information on This SBA Loan

The borrower, Richard M Butcher Dds, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Austin TX, you ought to talk with a local Austin SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Austin businesses.

We can help you find the best banks for small businesses in Austin or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

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

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