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December 22, 2024  
 
 
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Loan Census SBA Loan Info

Citizens State Bank SBA Loan to Special Trade Contractors Company

Looking to get a Texas small business loan? Here's one Texas business loan that was approved by the SBA.

This small business needed an SBA business loan in Gun Barrel City, Texas back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Citizens State Bank, operating out of Tyler, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: SPECIAL TRADE CONTRACTORS
GUN BARREL CITY, TX 75147

SBA Loan Lender

CITIZENS STATE BANK
3909 S SW LOOP 323
TYLER, TX 75711

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1799 - Special Trade Contractors

Loan Approval Date

7/10/2000

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $300,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 12 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $400,000. How would you spend $400,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Understanding Dilution

Best Banks in Tyler, Texas

Texas SBA 7A Banks