Get an SBA Loan for Hat, Cap, and Millinery Manufacturing

Looking for small business loans for hat, cap, and millinery manufacturing? The SBA may be the answer. This $265,000 hat, cap, and millinery manufacturing loan was issued by a Texas bank.

This company knew how to go about getting a business bank loan. Based in Alto, Texas, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Austin Bank Texas, based in Rusk, Texas.

SBA Loan Borrower

COMPANY TYPE: HATS, CAPS, AND MILLINERY
ALTO, TX 75925

SBA Loan Lender

AUSTIN BANK TEXAS
401 MAIN ST
RUSK, TX 75785

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2353 - Hats, Caps, and Millinery

NAICS Code

315991 - Hat, Cap, and Millinery Manufacturing

Loan Approval Date

3/9/2000

Loan Approval Gross Amount

$265,000

Loan Approval from the SBA

Of the total $265,000 loan amount, the SBA guaranteed $198,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 45 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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Best Rusk, Texas Banks for Small Business

Texas SBA 7A Lenders