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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Fort Davis, Business Loans > Fort Davis State Bank Fort Davis Business Loans > Hotels And Motels Loan | ||||
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Texas SBA Lenders
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Fort Davis, Texas Lender Lends Money to Hotels And Motels CompanyA Fort Davis, Texas small business loan can be yours. Learn how one firm got a $595,100 business loan from this Texas bank. This loan to a local firm is a good example of an SBA loan. Fort Davis State 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: HOTELS AND MOTELS SBA Loan Lender FORT DAVIS STATE BANK This small 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 721110 - Hotels and Motels Loan Approval Date 1/28/2005 Loan Approval Gross Amount $595,100 Loan Approval from the SBA Of the total $595,100 loan amount, the SBA guaranteed $446,325. More Information on This SBA Loan The borrower borrowed this money for an existing 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 23 employees. This SBA loan request did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business 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. Related Links: Advice on Getting a Small Business Loan Best Banks for Small Business in Fort Davis, Texas
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