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May 29, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Del Rio, Business Loans > Amistad Bank Del Rio Business Loans > Insurance Agents And Brokers Loan | ||||
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Texas Bank SBA Loans
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Del Rio, Texas Bank Lends Money to Insurance Agents And Brokers Company in Del Rio, TexasGet to know Del Rio, Texas banks that specialize in small business loans and know how to work with entrepreneurs. Amistad Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Del Rio, Texas starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Amistad Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: INSURANCE AGENTS AND BROKERS SBA Loan Lender AMISTAD BANK This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 6411 - Insurance Agents and Brokers NAICS Code 524210 - Insurance Agencies and Brokerages Loan Approval Date 9/26/2001 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $300,000. How would you spend $300,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: SBA Participating Banks in Del Rio, Texas
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