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Getting an SBA Loan for Specialty Trade Contractors

Looking for business loans for specialty trade contractors? Try the SBA. This $1,354,500 specialty trade contractors loan was issued by a Texas bank.

Getting a small business loan in Pflugerville, Texas was important for Hfs Acquisition Ltd. back in 2003 and, based on their loan application, they were successful in getting an SBA loan from American Bank Of Commerce, operating out of Austin, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

HFS ACQUISITION LTD.
2340 PATTERSON INDUSTRIAL DR
PFLUGERVILLE, TX 78660

SBA Loan Lender

AMERICAN BANK OF COMMERCE
2201 W BEN WHITE BLVD
AUSTIN, TX 78704

This SBA small business loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1799 - Special Trade Contractors, N.E.C.-Base Hsing Maint

NAICS Code

238990 - All Other Specialty Trade Contractors

Loan Approval Date

8/18/2003

Loan Approval Gross Amount

$1,354,500

Loan Approval from the SBA

Of the total $1,354,500 loan amount, the SBA guaranteed $999,621.

More Information on This SBA Loan

The borrower, Hfs Acquisition Ltd., borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 25 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source

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 American Bank Of Commerce 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:

Obtaining Funding - Getting Venture Capital

SBA Banks in Austin, Texas

Texas SBA 7A Banks

 

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