Texas Bank Loan Issued to Funeral Homes And Funeral Services Company
Looking to get a Texas bank loan? This Texas entrepreneur got a bank loan, provided by a Connecticut bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Jasper, Texas by studying this loan to a local company, made back in 2005. Banks like Ups Capital Business Credit may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES
JASPER, TX 75951
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and are well trained in SBA lending rules and regulations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812210 - Funeral Homes and Funeral Services
Loan Approval Date
4/7/2005
Loan Approval Gross Amount
$1,840,000
Loan Approval from the SBA
Of the total $1,840,000 loan amount, the SBA guaranteed $1,380,000.
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 10 employees. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We can help you find the best banks for small businesses in Jasper or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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