Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Business Loans for Georgetown Small Business Owners

 

 
Loan Census SBA Loan Info

Small Business Loans for Vitreous China, Fine Earthenware, and Pottery Manufacturing

With these small business loans for vitreous china, fine earthenware, and pottery manufacturing, the SBA guarantees the lender that the loan will be repaid. This vitreous china, fine earthenware, and pottery manufacturing loan for $50,000 was given to a Texas entrepreneur in 2004.

This company knew how to go about getting a business bank loan. Based in Georgetown, Texas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First Texas Bank, based in Georgetown, Texas.

SBA Loan Borrower

COMPANY TYPE: VITREOUS CHINA, FINE EARTHENWARE, AND POTTERY MANUFACTURING
GEORGETOWN, TX 78628

SBA Loan Lender

FIRST TEXAS BANK
900 S AUSTIN AVE
GEORGETOWN, TX 78626

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

327112 - Vitreous China, Fine Earthenware, and Pottery Manufacturing

Loan Approval Date

12/21/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Georgetown TX, you ought to talk with a local Georgetown SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Georgetown businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Texas Bank and they will explain how you can get an SBA loan for your company.

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 From a Venture Capitalist

Find an SBA Lender in Georgetown, Texas

Texas SBA 7A Lenders