Soybean Farming Commercial Loans

Looking for commercial loans for soybean farming? Talk to a banker who works with the SBA. This $104,200 soybean farming loan was issued by a Texas bank.

Getting a small business loan in Houston, Texas was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Texas First Bank Santa Fe, operating out of Santa Fe, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: SOYBEAN FARMING
HOUSTON, TX 77075

SBA Loan Lender

TEXAS FIRST BANK SANTA FE
12402 HWY 6
SANTA FE, TX 77510

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

111110 - Soybean Farming

Loan Approval Date

4/18/2005

Loan Approval Gross Amount

$104,200

Loan Approval from the SBA

Of the total $104,200 loan amount, the SBA guaranteed $78,150.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

Next Steps for Getting an SBA Loan

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

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Small Business Credit Cards

SBA Participating Banks in Santa Fe, Texas

Getting an SBA Loan in Texas