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November 15, 2024  
 
 
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Loan Census SBA Loan Info

Loans for Sawmills

Looking for loans for sawmills? An SBA loan may be just what you've been looking for. This $150,000 sawmills loan was issued by a Texas bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Equity Bank, Ssb, out of Dallas, Texas. The loan was granted and they received $150,000 to help grow their Mount Vernon, Texas business.

SBA Loan Borrower

COMPANY TYPE: SAWMILLS
MOUNT VERNON, TX 75457

SBA Loan Lender

EQUITY BANK, SSB
5220 SPRING VALLEY RD, STE 16
DALLAS, TX 75254

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

321113 - Sawmills

Loan Approval Date

11/8/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 11 employees. The loan application indicated that the loan would help retain 11 existing jobs.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Equity Financing

SBA 7A Banks for Dallas, Texas Loans

Texas SBA 7A Lenders