Superior Crematorium Services Gets a Texas SBA Loan
Texas bank loans are available to Texas firms through the SBA. In this case, a Texas bank provides the loan.
By giving the right information to Southwest Bank, this Austin, Texas business was able to get an SBA loan. To get this loan, Superior Crematorium Services gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.
SBA Loan Borrower
SUPERIOR CREMATORIUM SERVICES
1916 TILLERY STREET
AUSTIN, TX 78723
SBA Loan Lender
SOUTHWEST BANK
3737 SW LOOP 820
FORT WORTH, TX 76133
This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812210 - Funeral Homes and Funeral Services
Loan Approval Date
9/22/2006
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $34,000.
More Information on This SBA Loan
The borrower, Superior Crematorium Services, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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.
Related Links:
Borrowing Money from Friends and Family
SBA 7A Banks in Fort Worth, Texas
Texas SBA 7A Lenders
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