Fort Stockton, Texas Lender Lends Money to Store Retailers Company
Get to know Fort Stockton, Texas banks that specialize in small business loans and know how to work with entrepreneurs. Pecos County State Bank is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Fort Stockton, Texas starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Pecos County State Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: STORE RETAILERS
FORT STOCKTON, TX 79735
SBA Loan Lender
PECOS COUNTY STATE BANK
500 N MAIN
FORT STOCKTON, TX 79735
The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
453998 - Store Retailers
Loan Approval Date
11/24/2006
Loan Approval Gross Amount
$48,000
Loan Approval from the SBA
Of the total $48,000 loan amount, the SBA guaranteed $24,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
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:
Obtaining Funding - How to Decide How Much to Raise
Who Lends Money to Small Businesses in Fort Stockton, Texas
Texas SBA Bank Lenders