Raising Money for Wineries

With these bank loans for wineries, the SBA guarantees the lender that the loan will be repaid. This wineries loan for $244,900 was given to a Texas entrepreneur in 2004.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with State National Bank, out of Arlington, Texas. The loan was granted and they received $244,900 to help grow their Dallas, Texas business.

SBA Loan Borrower

COMPANY TYPE: WINERIES
DALLAS, TX 75205

SBA Loan Lender

STATE NATIONAL BANK
921 W LAMAR
ARLINGTON, TX 76012

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.

NAICS Code

312130 - Wineries

Loan Approval Date

7/22/2004

Loan Approval Gross Amount

$244,900

Loan Approval from the SBA

Of the total $244,900 loan amount, the SBA guaranteed $183,675.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 6 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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:

Strategic Investors

SBA Approved Banks in Arlington, Texas

SBA Lenders in Texas