Garland, Texas Lender Lends Money to Beer, Wine, And Liquor Stores Company
Want to talk with a Garland, Texas bank about a business loan? Here's one Texas business loan, issued by a Garland bank, that was approved by the SBA.
Applying for an SBA loan with United Central Bank worked out well for our friends at one local company in Grand Prairie, Texas. The business was able to get an SBA loan for $720,000. Great job!
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
GRAND PRAIRIE, TX 75051
SBA Loan Lender
UNITED CENTRAL BANK
4555 W WALNUT ST
GARLAND, TX 75042
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
9/25/2003
Loan Approval Gross Amount
$720,000
Loan Approval from the SBA
Of the total $720,000 loan amount, the SBA guaranteed $540,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
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 United Central 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.
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