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November 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Fort Worth, Business Loans > Riverbend Bank Fort Worth Business Loans > Eating Places Loan | ||||
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Fort Worth Bank Loan
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Fort Worth, Texas Lender Lends Money to Eating Places CompanyGet SBA 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. Riverbend 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: EATING PLACES SBA Loan Lender RIVERBEND BANK This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 10/5/2000 Loan Approval Gross Amount $95,300 Loan Approval from the SBA Of the total $95,300 loan amount, the SBA guaranteed $76,240. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: Role of Business Plan When Raising Money Small Bank Loans in Fort Worth, Texas
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