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November 15, 2024  
 
 
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We Needed an SBA Loan in Alpine, Texas and We Got One!

 

 
Loan Census SBA Loan Info

Hat, Cap, and Millinery Manufacturing Loans

Looking for loans for hat, cap, and millinery manufacturing? An SBA loan may be just what you've been looking for. This $67,000 hat, cap, and millinery manufacturing loan was issued by a Texas bank.

Getting a small business loan in Alpine, Texas was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from First Bank Of West Texas, operating out of Coahoma, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: HAT, CAP, AND MILLINERY MANUFACTURING
ALPINE, TX 79831

SBA Loan Lender

FIRST BANK OF WEST TEXAS
500 W BROADWAY
COAHOMA, TX 79511

This lender issued this business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

315991 - Hat, Cap, and Millinery Manufacturing

Loan Approval Date

11/29/2005

Loan Approval Gross Amount

$67,000

Loan Approval from the SBA

Of the total $67,000 loan amount, the SBA guaranteed $56,950.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

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 First Bank Of West Texas 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 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:

SBIR Funding

Good Banks for Small Business in Coahoma, Texas

Getting an SBA Loan in Texas