Round Rock, Texas Entrepreneur Gets a Business Loan

Would a Texas SBA loan help your business get to the next level? If so, you may want to talk with this Texas bank, which offers SBA loans to Texas entrepreneurs.

Getting a small business loan in Round Rock, Texas was a top priority for Austin Rehabilitation Clinic I back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First State Bank Central Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

AUSTIN REHABILITATION CLINIC I
101 E OLD SETTLERS BLVD #222
ROUND ROCK, TX 78664

SBA Loan Lender

FIRST STATE BANK CENTRAL TEXAS
6500 N MOPAC, STE 1101
AUSTIN, TX 78731

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

621340 - Offices of Physical, Occupational and Speech Therapists, and Audiologists

Loan Approval Date

9/28/2004

Loan Approval Gross Amount

$195,000

Loan Approval from the SBA

Of the total $195,000 loan amount, the SBA guaranteed $97,500.

More Information on This SBA Loan

The borrower, Austin Rehabilitation Clinic I, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We've showcased information on this loan to Austin Rehabilitation Clinic I to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Realistic Debt Financing Options

SBA Participating Banks in Austin, Texas

Texas SBA 7A Lenders

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.