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Business Loans for Austin Business Owners

 

 
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Where to Get Capital for Professional, Scientific, and Technical Services

With these SBA loans for professional, scientific, and technical services, the SBA guarantees the lender that the loan will be repaid. This professional, scientific, and technical services loan for $1,000,000 was given to a Texas entrepreneur in 2004.

Silicon Services Consortium In received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with American Bank Of Commerce, out of Wolfforth, Texas. The loan was granted and they received $1,000,000 to help grow their Austin, Texas business.

SBA Loan Borrower

SILICON SERVICES CONSORTIUM IN
3500 COMSOUTH DRIVE
AUSTIN, TX 78744

SBA Loan Lender

AMERICAN BANK OF COMMERCE
W 82ND ST AND US HWY 62/82
WOLFFORTH, TX 79382

The lender provided this SBA 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

541990 - All Other Professional, Scientific, and Technical Services

Loan Approval Date

6/7/2004

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $500,000.

More Information on This SBA Loan

The borrower, Silicon Services Consortium In, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 16 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source

Silicon Services Consortium In got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

About This SBA Loan Information:

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

Related Links:

Small Business Loan

Best Wolfforth, Texas Banks for Small Business

Getting an SBA Loan in Texas

 

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