How to Get a Loan for Baked Goods Stores
Looking for business loans for baked goods stores? An SBA loan may be just what you've been looking for. This $65,000 baked goods stores loan was issued by a Texas bank.
Getting a small business loan in Corpus Christi, Texas was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Amer Bank, operating out of Corpus Christi, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: BAKED GOODS STORES
CORPUS CHRISTI, TX 78418
SBA Loan Lender
AMER BANK
711 N CARANCAHUA
CORPUS CHRISTI, TX 78411
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.
NAICS Code
445291 - Baked Goods Stores
Loan Approval Date
6/30/2006
Loan Approval Gross Amount
$65,000
Loan Approval from the SBA
Of the total $65,000 loan amount, the SBA guaranteed $55,250.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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Where to Get an SBA Loan Texas