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