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

Who Can Get a Business Loan in Breckenridge, Texas?

 

 
Loan Census SBA Loan Info

Bank Loans for Personal Care Services

Looking for bank loans for personal care services? Talk to a banker who works with the SBA. This $149,500 personal care services loan was issued by a Texas bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with First National Bank Albany/breckenri, out of Breckenridge, Texas. The loan was granted and they received $149,500 to help grow their Breckenridge, Texas business.

SBA Loan Borrower

COMPANY TYPE: PERSONAL CARE SERVICES
BRECKENRIDGE, TX 76424

SBA Loan Lender

FIRST NATIONAL BANK ALBANY/BRECKENRI
101 E WALKER ST
BRECKENRIDGE, TX 76424

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

12/11/2002

Loan Approval Gross Amount

$149,500

Loan Approval from the SBA

Of the total $149,500 loan amount, the SBA guaranteed $127,075.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 10 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Breckenridge TX, you ought to talk with a local Breckenridge SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Breckenridge businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $149,500 loan. Remember, where there is a will, there is a way!

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

SBA Participating Banks in Breckenridge, Texas

SBA Participating Banks in Texas