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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Granbury, Business Loans > Community Bank Granbury Business Loans > Baked Goods Stores Loan | ||||
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SBA Lender Granbury, Texas
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Granbury, Texas Lender Lends Money to Baked Goods Stores CompanyWant to talk with a Granbury, Texas bank about a business loan? Here's one Texas business loan, issued by a Granbury bank, that was approved by the SBA. Applying for an SBA loan with Community Bank worked out well for our friends at one local firm in Glen Rose, Texas. The business was able to get an SBA loan for $50,800. Way to go! SBA Loan Borrower COMPANY TYPE: BAKED GOODS STORES SBA Loan Lender COMMUNITY BANK This lender provides SBA commercial 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. NAICS Code 445291 - Baked Goods Stores Loan Approval Date 6/25/2003 Loan Approval Gross Amount $50,800 Loan Approval from the SBA Of the total $50,800 loan amount, the SBA guaranteed $43,180. 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 indicated that the loan would help generate 2 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Banks for Small Business in Granbury, Texas
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