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December 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Hurst, Business Loans > State National Bank Hurst Business Loans > Nondurable Goods Loan | ||||
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State National Bank Loans
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Raising Money for Recyclable Material WholesalersLooking for bank loans for recyclable material wholesalers? Try the SBA. This $100,000 recyclable material wholesalers loan was issued by a Texas bank. This small firm knew how to go about getting a business bank loan. Based in Bedford, Texas, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was State National Bank, based in Hurst, Texas. SBA Loan Borrower COMPANY TYPE: NONDURABLE GOODS SBA Loan Lender STATE NATIONAL BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5199 - Nondurable Goods NAICS Code 421930 - Recyclable Material Wholesalers Loan Approval Date 5/30/2002 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $90,000. 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 2 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. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Hurst, Texas Banks for Small Business Browse All Business Loan Sources for Texas
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