Clyde, Texas Lender Lends Money to Trucking Company

Find Clyde, Texas banks that specialize in SBA loans and know how to work with entrepreneurs. First Finan Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Abilene, Texas starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from First Finan Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: TRUCKING
ABILENE, TX 79602

SBA Loan Lender

FIRST FINAN BANK
718 ELM ST
CLYDE, TX 79510

This SBA small business 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

4213 - Trucking

NAICS Code

484121 - General Long-Distance Freight Trucking

Loan Approval Date

3/14/2001

Loan Approval Gross Amount

$170,673

Loan Approval from the SBA

Of the total $170,673 loan amount, the SBA guaranteed $128,005.

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 3 employees. The loan application did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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 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 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.

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