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| Entrepreneur Resources | First Texas Bank Round Rock Business Loans | ||||
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Austin, Texas Bank for SBA Loans
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How to Get a Loan for Amusement and Recreation IndustriesWith these business loans for amusement and recreation industries, the SBA guarantees the lender that the loan will be repaid. This amusement and recreation industries loan for $300,000 was given to a Texas entrepreneur in 2004.
Tejas Golf North, L.P. received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First Texas Bank, out of Round Rock, Texas. The loan was granted and they received $300,000 to help grow their Austin, Texas business. SBA Loan Borrower TEJAS GOLF NORTH, L.P. SBA Loan Lender FIRST TEXAS BANK This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7999 - Amusement and Recreation Services, N.E.C. NAICS Code 713990 - All Other Amusement and Recreation Industries Loan Approval Date 4/12/2004 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower, Tejas Golf North, L.P., borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the business promised to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. If Tejas Golf North, L.P. 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: Obtaining Funding - Getting Venture Capital SBA 7A Banks in Round Rock, Texas 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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