Specialty Food Stores SBA Loans
With these SBA loans for specialty food stores, the SBA guarantees the lender that the loan will be repaid. This specialty food stores loan for $106,800 was given to a Texas entrepreneur in 2004.
This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with State National Bank, out of Fort Worth, Texas. The loan was granted and they received $106,800 to help grow their El Paso, Texas business.
SBA Loan Borrower
COMPANY TYPE: SPECIALTY FOOD STORES
EL PASO, TX 79902
SBA Loan Lender
STATE NATIONAL BANK
4500 MERCANTILE PLZA, STE 300
FORT WORTH, TX 76137
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
445299 - Specialty Food Stores
Loan Approval Date
1/30/2004
Loan Approval Gross Amount
$106,800
Loan Approval from the SBA
Of the total $106,800 loan amount, the SBA guaranteed $90,780.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 2 existing jobs.
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SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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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