Gilmer, Texas Business Gets SBA-Guaranteed Funding from Amer National Bank - Texas
Amer National Bank - Texas has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.
This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Amer National Bank - Texas, out of Terrell, Texas. The loan was granted and they received $306,000 to help grow their Gilmer, Texas business.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
GILMER, TX 75644
SBA Loan Lender
AMER NATIONAL BANK - TEXAS
102 W MOORE
TERRELL, TX 75160
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
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
4/19/2000
Loan Approval Gross Amount
$306,000
Loan Approval from the SBA
Of the total $306,000 loan amount, the SBA guaranteed $229,500.
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 100 employees. The SBA loan documents indicated that the funding would help generate 70 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $306,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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