Loan Census Banking News and Information
November 15, 2024  
 
 
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Coleman, Texas SBA Banks

 

 
Loan Census SBA Loan Info

Coleman, Texas Bank Lends Money to Hardware Stores Company in Coleman, Texas

Get small business loans from a Coleman, Texas bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

First Coleman National Bank is a Coleman, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Texas company.

SBA Loan Borrower

COMPANY TYPE: HARDWARE STORES
COLEMAN, TX 76834

SBA Loan Lender

FIRST COLEMAN NATIONAL BANK
100 COMMERCIAL AVE
COLEMAN, TX 76834

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5251 - Hardware Stores

NAICS Code

444110 - Home Centers

Loan Approval Date

4/23/2001

Loan Approval Gross Amount

$222,500

Loan Approval from the SBA

Of the total $222,500 loan amount, the SBA guaranteed $166,875.

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 12 employees. The SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Coleman TX, you ought to talk with a local Coleman SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Coleman businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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