Gonzales, Texas Bank Lends Money to Animal Farms Company in El Campo, Texas

A Gonzales, Texas SBA loan can be yours. Learn how a company got a $1,144,000 business loan from this Texas bank.

This loan to an entrepreneur is a good example of an SBA loan. American National Bank made the loan and the SBA guaranteed a portion of the loan. Many other Texas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: ANIMAL FARMS
EL CAMPO, TX 77437

SBA Loan Lender

AMERICAN NATIONAL BANK
1711 SARAH DEWITT
GONZALES, TX 78629

This SBA 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

0291 - Animal Farms

NAICS Code

112990 - Animal Production

Loan Approval Date

8/27/2001

Loan Approval Gross Amount

$1,144,000

Loan Approval from the SBA

Of the total $1,144,000 loan amount, the SBA guaranteed $858,000.

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 11 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Bank Credit Lines

Best Banks for Small Business in Gonzales, Texas

Getting an SBA Loan in Texas