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| Entrepreneur Resources | First State Bank Central Texas Austin Business Loans | ||||
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Austin, Texas SBA Banks
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Entrepreneur Works With Austin, Texas Bank to Get an SBA LoanThinking about meeting with an Austin, Texas bank about an SBA loan? Here's one Texas business loan, issued by an Austin bank, that was approved by the SBA.
Applying for an SBA loan with First State Bank Central Texas worked out well for our friends at Design & Assembly Concepts Inc in Leander, Texas. They got an SBA loan for $125,000. Awesome! SBA Loan Borrower DESIGN & ASSEMBLY CONCEPTS INC SBA Loan Lender FIRST STATE BANK CENTRAL TEXAS 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 541330 - Engineering Services Loan Approval Date 12/23/2004 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $93,750. More Information on This SBA Loan The borrower, Design & Assembly Concepts Inc, 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 12 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 12 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Your solution for where to find money to start a business may be an SBA guaranteed loan. Design & Assembly Concepts Inc recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Obtaining Funding - How to Decide How Much to Raise SBA Participating Banks 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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