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.
Related Links:
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Find an SBA Lender in Texas