Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

SBA Lender Longview Texas

 

 
Loan Census SBA Loan Info

Wood Container and Pallet Manufacturing Bank Loans

Looking for bank loans for wood container and pallet manufacturing? An SBA loan may be just what you've been looking for. This $72,560 wood container and pallet manufacturing loan was issued by a Texas bank.

This company knew how to go about getting a business bank loan. Based in Longview, Texas, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Austin Bank Texas, based in Jacksonville, Texas.

SBA Loan Borrower

COMPANY TYPE: WOOD PALLETS AND SKIDS
LONGVIEW, TX 75601

SBA Loan Lender

AUSTIN BANK TEXAS
200 E COMMERCE ST
JACKSONVILLE, TX 75766

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.

SIC Code

2448 - Wood Pallets and Skids

NAICS Code

321920 - Wood Container and Pallet Manufacturing

Loan Approval Date

2/3/2000

Loan Approval Gross Amount

$72,560

Loan Approval from the SBA

Of the total $72,560 loan amount, the SBA guaranteed $58,048.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

SBIR Funding

SBA Banks in Jacksonville, Texas

Find an SBA Lender in Texas