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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Granbury, Business Loans > Community Bank Granbury Business Loans > Livestock Wholesalers Loan | ||||
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Texas Small Business Funding
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Get an SBA Loan for Livestock WholesalersLooking for small business loans for livestock wholesalers? Try the SBA. This $75,000 livestock wholesalers loan was issued by a Texas bank. Getting a small business loan in Cleburne, Texas was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Community Bank, operating out of Granbury, Texas. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: LIVESTOCK WHOLESALERS SBA Loan Lender COMMUNITY BANK The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 422520 - Livestock Wholesalers Loan Approval Date 9/13/2002 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. 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 18 employees. The SBA loan documents indicated that the loan would help retain 18 existing jobs. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Obtaining Funding - How to Borrow Money Where to Get an SBA Loan in Granbury, Texas
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