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| Entrepreneur Resources | University Fcu Austin Business Loans | ||||
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Hondo, Texas Bank for SBA Loans
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Where to Get Capital for Support Activities for Oil and Gas OperationsLooking for small business loans for support activities for oil and gas operations? Try the SBA. This $265,000 support activities for oil and gas operations loan was issued by a Texas bank.
P W. Schoellman Services, Inc. knew how to go about getting a business bank loan. Based in Hondo, Texas, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was University Fcu, based in Austin, Texas. SBA Loan Borrower P W. SCHOELLMAN SERVICES, INC. SBA Loan Lender UNIVERSITY FCU SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 213112 - Support Activities for Oil and Gas Operations Loan Approval Date 5/18/2007 Loan Approval Gross Amount $265,000 Loan Approval from the SBA Of the total $265,000 loan amount, the SBA guaranteed $198,750. More Information on This SBA Loan The borrower, P W. Schoellman Services, Inc., borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like University Fcu and they will explain how you can get an SBA loan for your company. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Microlending as a Small Business Funding Source SBA 7A Lenders in Austin, 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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