How to Get a Loan for Home Furnishings Stores

Looking for SBA loans for home furnishings stores? Talk to a banker who works with the SBA. This $120,000 home furnishings stores loan was issued by a Texas bank.

This small business knew how to go about getting a business bank loan. Based in Kerrville, Texas, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Security State Bank & Trust, based in Fredericksburg, Texas.

SBA Loan Borrower

COMPANY TYPE: HOMEFURNISHINGS STORES
KERRVILLE, TX 78028

SBA Loan Lender

SECURITY STATE BANK & TRUST
201 W MAIN ST
FREDERICKSBURG, TX 78624

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5719 - Homefurnishings Stores

NAICS Code

442299 - Home Furnishings Stores

Loan Approval Date

5/9/2003

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Security State Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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Good Banks for Small Business in Fredericksburg, Texas

SBA Participating Banks in Texas