Get an SBA Loan for Animal Food Manufacturing
Looking for small business loans for animal food manufacturing? Try the SBA. This $300,000 animal food manufacturing loan was issued by a South Dakota bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dell City, Texas was able to borrow $300,000 from First Savings Bank. The SBA made the loan possible by guaranteeing $150,000 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: ANIMAL FOOD MANUFACTURING
DELL CITY, TX 88047
SBA Loan Lender
FIRST SAVINGS BANK
201 N 3RD ST
BERESFORD, SD 57004
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
311119 - Animal Food Manufacturing
Loan Approval Date
8/11/2004
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $150,000.
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 12 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 12 existing jobs.
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SBA loans provide smart, affordable business financing for small businesses looking to expand.
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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