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| Entrepreneur Resources | Cit Small Business Lending Corp Livingston Business Loans | ||||
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Austin SBA Loans
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Austin, Texas Entrepreneur Gets a Bank LoanSearching for a Texas bank loan? This Texas entrepreneur got a bank loan, provided by a New Jersey bank that works with the SBA to help small business owners.
By giving the right information to Cit Small Business Lending Corp, this Austin, Texas business was able to get an SBA loan. To get this loan, Ta Yu Properties Ltd And Acupu 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 TA YU PROPERTIES LTD AND ACUPU SBA Loan Lender CIT SMALL BUSINESS LENDING CORP 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 621399 - Offices of All Other Miscellaneous Health Practitioners Loan Approval Date 9/21/2005 Loan Approval Gross Amount $680,000 Loan Approval from the SBA Of the total $680,000 loan amount, the SBA guaranteed $510,000. More Information on This SBA Loan The borrower, Ta Yu Properties Ltd And Acupu, 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 4 employees. The SBA loan application for the borrower indicated that the funding would help generate 4 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. If Ta Yu Properties Ltd And Acupu can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Livingston, New Jersey Browse All Business Loan Sources for New Jersey 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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