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November 21, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Fort Worth, Business Loans > Riverbend Bank Fort Worth Business Loans > Plastics Product Manufacturing Loan | ||||
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Raising Money in Hurst, Texas With SBA Loans
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Plastics Product Manufacturing LoansLooking for loans for plastics product manufacturing? The SBA may be the answer. This $139,000 plastics product manufacturing loan was issued by a Texas bank. This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Riverbend Bank, out of Fort Worth, Texas. The loan was granted and they received $139,000 to help grow their Hurst, Texas business. SBA Loan Borrower COMPANY TYPE: PLASTICS PRODUCT MANUFACTURING SBA Loan Lender RIVERBEND BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 326199 - Plastics Product Manufacturing Loan Approval Date 11/18/2004 Loan Approval Gross Amount $139,000 Loan Approval from the SBA Of the total $139,000 loan amount, the SBA guaranteed $118,150. 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 18 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Realistic Debt Financing Options SBA 7A Banks for Fort Worth, Texas Loans
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