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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Universal City, Business Loans > Texstar National Bank Universal City Business Loans > Dried And Dehydrated Fruits, Vegetables, And Soup Loan | ||||
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How to Get SBA Loans in Converse, Texas
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Financing for Food ManufacturingWith these commercial loans for food manufacturing, the SBA guarantees the lender that the loan will be repaid. This food manufacturing loan for $303,000 was given to a Texas entrepreneur in 2005. This business knew how to go about getting a business bank loan. Based in Converse, Texas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Texstar National Bank, based in Universal City, Texas. SBA Loan Borrower COMPANY TYPE: DRIED AND DEHYDRATED FRUITS, VEGETABLES, AND SOUP SBA Loan Lender TEXSTAR NATIONAL BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2034 - Dried and Dehydrated Fruits, Vegetables, and Soup NAICS Code 311999 - Food Manufacturing Loan Approval Date 11/8/2005 Loan Approval Gross Amount $303,000 Loan Approval from the SBA Of the total $303,000 loan amount, the SBA guaranteed $227,250. 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 only one employee. This SBA loan request did not indicate that the small business planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: SBA Participating Banks in Universal City, Texas
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