Fort Worth, Texas Lender Lends Money to Funeral Homes And Funeral Services Company
Get business loans from a Fort Worth, Texas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Worth National Bank is a Fort Worth, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Texas company.
SBA Loan Borrower
COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES
FORT WORTH, TX 76114
SBA Loan Lender
WORTH NATIONAL BANK
3908 TELEPHONE RD
FORT WORTH, TX 76135
The lender provided this business 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
812210 - Funeral Homes and Funeral Services
Loan Approval Date
11/4/2002
Loan Approval Gross Amount
$86,400
Loan Approval from the SBA
Of the total $86,400 loan amount, the SBA guaranteed $43,200.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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