The Frost National Bank SBA Loan to Fabricated Textile Products Company
Searching for a Texas SBA loan? Here's one Texas business loan that was approved by the SBA.
This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with The Frost National Bank, out of San Antonio, Texas. The loan was granted and they received $350,000 to help grow their Fort Worth, Texas business.
SBA Loan Borrower
COMPANY TYPE: FABRICATED TEXTILE PRODUCTS
FORT WORTH, TX 76102
SBA Loan Lender
THE FROST NATIONAL BANK
100 W HOUSTON ST
SAN ANTONIO, TX 78205
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2399 - Fabricated Textile Products
Loan Approval Date
9/29/2000
Loan Approval Gross Amount
$350,000
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $262,500.
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 59 employees. This SBA loan request indicated that the loan would help generate 20 new jobs and retain 59 existing jobs.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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