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November 15, 2024  
 
 
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Winters, Texas SBA Lenders

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Winters, Texas Bank to Get an SBA Loan

Thinking about meeting with a Winters, Texas bank about a small business loan? Here's one Texas business loan, issued by a Winters bank, that was approved by the SBA.

Applying for an SBA loan with The Security State Bank worked out well for our friends at one local business in Buffalo Gap, Texas. The business was able to get an SBA loan for $7,500. Great job!

SBA Loan Borrower

COMPANY TYPE: AUTOMATIC VENDING MACHINE MANUFACTURING
BUFFALO GAP, TX 79508

SBA Loan Lender

THE SECURITY STATE BANK
700 S MAIN STREET
WINTERS, TX 79566

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

333311 - Automatic Vending Machine Manufacturing

Loan Approval Date

3/3/2004

Loan Approval Gross Amount

$7,500

Loan Approval from the SBA

Of the total $7,500 loan amount, the SBA guaranteed $6,375.

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 6 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Buffalo Gap TX, you ought to talk with a local Buffalo Gap SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Buffalo Gap businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $7,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

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SBA Lenders in Texas