Farmers State Bank SBA Loan to Poultry Slaughtering And Processing Company

An SBA loan from Farmers State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Caldwell, Texas business owner got a $1,208,000 loan.

Getting a small business loan in Caldwell, Texas was an essential business goal for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Farmers State Bank, operating out of Franklin, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: POULTRY SLAUGHTERING AND PROCESSING
CALDWELL, TX 77836

SBA Loan Lender

FARMERS STATE BANK
321 W HWY 79
FRANKLIN, TX 77856

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2015 - Poultry Slaughtering and Processing

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

3/16/2001

Loan Approval Gross Amount

$1,208,000

Loan Approval from the SBA

Of the total $1,208,000 loan amount, the SBA guaranteed $906,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

We can help you find the best banks for small businesses in Caldwell 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.

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