Kemah, Texas Entrepreneur Gets a Bank Loan

SBA loans in Texas are tough to come by these days. We take a look at one Texas SBA loan, provided by a Missouri bank, that was approved by the SBA.

You can learn something about getting a small business loan in Kemah, Texas by studying this loan to a local business, made back in 2001. Banks like Ge Cap. Small Business Finan Corp may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: PREPARED FRESH OR FROZEN FISH AND SEAFOODS
KEMAH, TX 77565

SBA Loan Lender

GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141

This debt financing 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

2092 - Prepared Fresh or Frozen Fish and Seafoods

NAICS Code

311712 - Fresh and Frozen Seafood Processing

Loan Approval Date

9/14/2001

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

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 150 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Kemah TX, you ought to talk with a local Kemah SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kemah businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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