Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Texas Small Business SBA Loans

 

 
Loan Census SBA Loan Info

Texas Small Business Loan Issued to Drinking Places Company

Want a Texas SBA loan? This Texas entrepreneur got an SBA loan, provided by an Ohio bank that works with the SBA to help small business owners.

This small business, based in Leander, Texas, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from U.S. Bank National Association. We've got the inside scoop on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
LEANDER, TX 78642

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5813 - Drinking Places

NAICS Code

722410 - Drinking Places

Loan Approval Date

3/30/2000

Loan Approval Gross Amount

$272,500

Loan Approval from the SBA

Of the total $272,500 loan amount, the SBA guaranteed $204,375.

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 6 employees. The SBA loan application for the borrower indicated that the funding would help generate 6 new jobs.

Next Steps for Getting an SBA Loan

If you need business start up money in Leander TX, you ought to talk with a local Leander SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Leander businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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

Best Banks for Small Business in Cincinnati, Ohio

SBA Ohio Banks