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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Abilene, Business Loans > First Finan Bank Abilene Business Loans > Commercial Printing Loan | ||||
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Banks Doing SBA Loans in Texas
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Entrepreneur Works With Abilene, Texas Bank to Get an SBA LoanWant to talk with an Abilene, Texas bank about an SBA loan? Here's one Texas business loan, issued by an Abilene bank, that was approved by the SBA. Applying for an SBA loan with First Finan Bank worked out well for our friends at one local business in Abilene, Texas. They received an SBA loan for $77,300. Awesome! SBA Loan Borrower COMPANY TYPE: COMMERCIAL PRINTING SBA Loan Lender FIRST FINAN BANK This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323119 - Commercial Printing Loan Approval Date 7/12/2001 Loan Approval Gross Amount $77,300 Loan Approval from the SBA Of the total $77,300 loan amount, the SBA guaranteed $65,705. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the small business planned to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We can help you find the best banks for small businesses in Abilene or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Find an SBA Lender in Abilene, Texas
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