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December 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > South Houston, Business Loans > 1st Choice Bank South Houston Business Loans > Animal Specialty Services Loan | ||||
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South Houston Lenders
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South Houston, Texas Bank Gives SBA Loan to Animal Specialty Services CompanyWant to talk with a South Houston, Texas bank about a business loan? Here's one Texas business loan, issued by a South Houston bank, that was approved by the SBA. Applying for an SBA loan with 1st Choice Bank worked out well for our friends at one local company in Houston, Texas. They got an SBA loan for $273,000. Nice! SBA Loan Borrower COMPANY TYPE: ANIMAL SPECIALTY SERVICES SBA Loan Lender 1ST CHOICE BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0752 - Animal Specialty Services Loan Approval Date 8/23/2000 Loan Approval Gross Amount $273,000 Loan Approval from the SBA Of the total $273,000 loan amount, the SBA guaranteed $204,750. 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 only one employee. The loan application did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $273,000 loan. Remember, where there is a will, there is a way! 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: SBA Participating Banks in South Houston, Texas
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