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December 19, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Burnet, Business Loans > First State Bank Of Burnet Burnet Business Loans > Eating Places Loan | ||||
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Burnet, Texas SBA Lenders
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Burnet, Texas Bank Gives SBA Loan to Eating Places CompanyThinking about meeting with a Burnet, Texas bank about a small business loan? Here's one Texas business loan, issued by a Burnet bank, that was approved by the SBA. Applying for an SBA loan with First State Bank Of Burnet worked out well for our friends at one local firm in Georgetown, Texas. They received an SBA loan for $83,000. Way to go! SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender FIRST STATE BANK OF BURNET SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending 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 1/12/2006 Loan Approval Gross Amount $83,000 Loan Approval from the SBA Of the total $83,000 loan amount, the SBA guaranteed $70,550. 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 only one employee. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from First State Bank Of Burnet so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: SBA Approved Banks in Burnet, Texas SBA Participating Banks in Texas
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