Texas Small Business Loan Issued to Corrugated And Solid Fiber Boxes Company
Searching for a Texas small business loan? This Texas entrepreneur got a small business loan, provided by an Ohio bank that works with the SBA to help small business owners.
By giving the right information to U.S. Bank National Association, this Houston, Texas business was able to get an SBA loan. To get this loan, the loan applicant gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.
SBA Loan Borrower
COMPANY TYPE: CORRUGATED AND SOLID FIBER BOXES
HOUSTON, TX 77041
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This lender provides SBA debt financing 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
2653 - Corrugated and Solid Fiber Boxes
NAICS Code
322211 - Corrugated and Solid Fiber Box Manufacturing
Loan Approval Date
8/18/2000
Loan Approval Gross Amount
$835,000
Loan Approval from the SBA
Of the total $835,000 loan amount, the SBA guaranteed $626,250.
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 23 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 21 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
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 $835,000 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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