Texas First Bank Santa Fe SBA Loan to Child Day Care Services Company
Texas First Bank Santa Fe and the SBA work together to get business loans for growing small businesses. Here's an example of how a Texas entrepreneur was able to get a loan to take a small business to the next level.
This growing company knew how to go about getting a business bank loan. Based in Lamarque, Texas, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Texas First Bank Santa Fe, based in Friendswood, Texas.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
LAMARQUE, TX 77568
SBA Loan Lender
TEXAS FIRST BANK SANTA FE
111 W PARKWOOD
FRIENDSWOOD, TX 77546
This loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending background and a deep knowledge SBA policies and procedures.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8351 - Child Day Care Services
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
7/1/2003
Loan Approval Gross Amount
$264,300
Loan Approval from the SBA
Of the total $264,300 loan amount, the SBA guaranteed $198,225.
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 6 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We can help you find the best banks for small businesses in Lamarque 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.
Related Links:
Microlending as a Small Business Funding Source
Best Banks for Small Business in Friendswood, Texas
Getting a Business Loan in Texas