First National Bank - Crockett SBA Loan to Plastics Product Manufacturing Company
First National Bank - Crockett and the SBA work together to get business loans for growing small businesses. Here's an example of how a Texas entrepreneur was able to get a loan to take a small business to the next level.
This business knew how to go about getting a business bank loan. Based in Dallas, Texas, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was First National Bank - Crockett, based in Crockett, Texas.
SBA Loan Borrower
COMPANY TYPE: PLASTICS PRODUCT MANUFACTURING
DALLAS, TX 75252
SBA Loan Lender
FIRST NATIONAL BANK - CROCKETT
415 E GOLIAD
CROCKETT, TX 75835
This lender provides SBA loan for small businesses 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.
NAICS Code
326199 - Plastics Product Manufacturing
Loan Approval Date
10/20/2004
Loan Approval Gross Amount
$725,000
Loan Approval from the SBA
Of the total $725,000 loan amount, the SBA guaranteed $543,750.
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 35 employees. The SBA loan application for the borrower indicated that the loan would help retain 35 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
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.
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