Loans for Materials Recovery Facilities

Looking for loans for materials recovery facilities? An SBA loan may be just what you've been looking for. This $75,000 materials recovery facilities loan was issued by a Texas bank.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Texas Bank And Trust Company, out of Longview, Texas. The loan was granted and they received $75,000 to help grow their Longview, Texas business.

SBA Loan Borrower

COMPANY TYPE: MATERIALS RECOVERY FACILITIES
LONGVIEW, TX 75605

SBA Loan Lender

TEXAS BANK AND TRUST COMPANY
300 E WHALEY
LONGVIEW, TX 75601

This lender issued this particular bank 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

562920 - Materials Recovery Facilities

Loan Approval Date

6/17/2003

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 5 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Longview TX, you ought to talk with a local Longview SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Longview businesses.

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 Texas Bank And Trust Company 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:

Advice on Getting a Small Business Loan

SBA Approved Banks in Longview, Texas

Texas SBA 7A Lenders