Shoe Stores Small Business Loans
Looking for small business loans for shoe stores? The SBA may be the answer. This $60,000 shoe stores 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 Bank - Hills A Division -, out of Kerrville, Texas. The loan was granted and they received $60,000 to help grow their Kerrville, Texas business.
SBA Loan Borrower
COMPANY TYPE: SHOE STORES
KERRVILLE, TX 78028
SBA Loan Lender
BANK - HILLS A DIVISION -
1075 JUNCTION HWY
KERRVILLE, TX 78028
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
448210 - Shoe Stores
Loan Approval Date
3/9/2004
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $51,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 3 employees. The SBA loan documents did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank - Hills A Division - and they will explain how you can get an SBA loan for your company.
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:
Direct Public Offerings
SBA Participating Banks in Kerrville, Texas
SBA Lenders in Texas