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November 14, 2024  
 
 
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Who Can Get a Business Loan in Lubbock, Texas?

 

 
Loan Census SBA Loan Info

Cemeteries and Crematories Loans

Looking for loans for cemeteries and crematories? An SBA loan may be just what you've been looking for. This $585,000 cemeteries and crematories loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lubbock, Texas was able to borrow $585,000 from Security State Bank. The SBA made the loan possible by guaranteeing $438,750 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: CEMETERIES AND CREMATORIES
LUBBOCK, TX 79415

SBA Loan Lender

SECURITY STATE BANK
501 PHELPS AVE
LITTLEFIELD, TX 79339

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

812220 - Cemeteries and Crematories

Loan Approval Date

11/14/2007

Loan Approval Gross Amount

$585,000

Loan Approval from the SBA

Of the total $585,000 loan amount, the SBA guaranteed $438,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you want money for new small business in Lubbock TX, you ought to talk with a local Lubbock SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lubbock businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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.

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