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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Mcallen, Business Loans > Texas State Bank Mcallen Business Loans > Crop Preparation Service For Market Loan | ||||
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I Need a Loan in Mcallen, Texas
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Fresh Fruit and Vegetable Wholesalers Bank LoansLooking for bank loans for fresh fruit and vegetable wholesalers? An SBA loan may be just what you've been looking for. This $300,000 fresh fruit and vegetable wholesalers loan was issued by a Texas bank. This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Texas State Bank, out of Mcallen, Texas. The loan was granted and they received $300,000 to help grow their Mcallen, Texas business. SBA Loan Borrower COMPANY TYPE: CROP PREPARATION SERVICE FOR MARKET SBA Loan Lender TEXAS STATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0723 - Crop Preparation Service for Market NAICS Code 422480 - Fresh Fruit and Vegetable Wholesalers Loan Approval Date 11/3/2000 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $210,000. 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 98 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Texas State Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Banking Deregulation's Effects on Entrepreneurship Small Bank Loans in Mcallen, Texas
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