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November 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Laredo, Business Loans > The Laredo National Bank Laredo Business Loans > Eating Places Loan | ||||
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Texas SBA Banks
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Laredo, Texas Bank Lends Money to Eating Places Company in Corpus Christi, TexasThinking about meeting with a Laredo, Texas bank about an SBA loan? Here's one Texas business loan, issued by a Laredo bank, that was approved by the SBA. Applying for an SBA loan with The Laredo National Bank worked out well for our friends at one local firm in Corpus Christi, Texas. They got an SBA loan for $240,000. Sweet! SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender THE LAREDO NATIONAL BANK This business 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 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 6/28/2001 Loan Approval Gross Amount $240,000 Loan Approval from the SBA Of the total $240,000 loan amount, the SBA guaranteed $180,000. 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 24 employees. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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: Small Bank Loans in Laredo, Texas Where to Get an SBA Loan Texas
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