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| Entrepreneur Resources | Community So. Bank D.B.A Commun Parsons Business Loans | ||||
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Community So. Bank D.B.A Commun Business Loan Austin
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Community So. Bank D.B.A Commun SBA Loan to Pinnacle ProtectionCommunity So. Bank D.B.A Commun and the SBA work together to get business loans for growing small businesses. Here's an example of how a Texas entrepreneur was able to get a loan to take a small business to the next level.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Austin, Texas was able to borrow $298,000 from Community So. Bank D.B.A Commun. The SBA made the loan possible by guaranteeing $223,500 of this Texas small business loan. SBA Loan Borrower Pinnacle Protection SBA Loan Lender COMMUNITY SO. BANK D.B.A COMMUN As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561621 - Security Systems Services (except Locksmiths) Loan Approval Date 7/18/2007 Loan Approval Gross Amount $298,000 Loan Approval from the SBA Of the total $298,000 loan amount, the SBA guaranteed $223,500. More Information on This SBA Loan The borrower, Pinnacle Protection, 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 9 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community So. Bank D.B.A Commun are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: SBA 7A Banks for Parsons, Tennessee Loans Getting an SBA Loan in Tennessee 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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