Financing for Meat Markets
With these commercial loans for meat markets, the SBA guarantees the lender that the loan will be repaid. This meat markets loan for $7,500 was given to a Texas entrepreneur in 2007.
Getting a small business loan in Laredo, Texas was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Superior Financial Group, LLC, operating out of Walnut Creek, California. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: MEAT MARKETS
LAREDO, TX 78041
SBA Loan Lender
SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598
This loan 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.
NAICS Code
445210 - Meat Markets
Loan Approval Date
1/26/2007
Loan Approval Gross Amount
$7,500
Loan Approval from the SBA
Of the total $7,500 loan amount, the SBA guaranteed $6,375.
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 11 employees. This SBA loan request indicated that the loan would help retain 11 existing jobs.
Next Steps for Getting an SBA Loan
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 Laredo 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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