Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Money in Andrews, Texas

 

 
Loan Census SBA Loan Info

Andrews, Texas Entrepreneur Gets a Bank Loan

SBA loans in Texas are are few and far betweeen these days. We take a look at one Texas SBA loan, provided by a Texas bank, that was approved by the SBA.

Getting a small business loan in Andrews, Texas was a top priority for this particular business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from The National Bank Of Andrews. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
ANDREWS, TX 79714

SBA Loan Lender

THE NATIONAL BANK OF ANDREWS
1501 N MAIN ST
ANDREWS, TX 79714

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

5/2/2001

Loan Approval Gross Amount

$90,112

Loan Approval from the SBA

Of the total $90,112 loan amount, the SBA guaranteed $76,595.

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 5 employees. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money

We can help you find the best banks for small businesses in Andrews 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:

504 Loans

Small Business Banks in Andrews, Texas

Texas SBA 7A Lenders