State Bank Of Texas SBA Loan to Grocery Stores Company
Looking to get a Texas SBA loan? Here's one Texas business loan that was approved by the SBA.
This up and coming company knew how to go about getting a business bank loan. Based in Dallas, Texas, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was State Bank Of Texas, based in Irving, Texas.
SBA Loan Borrower
COMPANY TYPE: GROCERY STORES
DALLAS, TX 75217
SBA Loan Lender
STATE BANK OF TEXAS
605 W AIRPORT FREEWAY
IRVING, TX 75060
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5411 - Grocery Stores
Loan Approval Date
1/21/2000
Loan Approval Gross Amount
$520,000
Loan Approval from the SBA
Of the total $520,000 loan amount, the SBA guaranteed $390,000.
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 5 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to raise money for a business in Dallas TX, you ought to talk with a local Dallas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dallas businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like State Bank Of Texas that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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