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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