Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

Nacogdoches, Texas Bank Loan

 

 
Loan Census SBA Loan Info

Borrowing Money for Convenience Stores

Looking for small business loans for convenience stores? An SBA loan may be just what you've been looking for. This $248,000 convenience stores loan was issued by a Texas bank.

This small firm knew how to go about getting a business bank loan. Based in Nacogdoches, Texas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First International Bank, based in Plano, Texas.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
NACOGDOCHES, TX 75946

SBA Loan Lender

FIRST INTERNATIONAL BANK
1912 AVE K, STE 100
PLANO, TX 75074

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

445120 - Convenience Stores

Loan Approval Date

10/22/2004

Loan Approval Gross Amount

$248,000

Loan Approval from the SBA

Of the total $248,000 loan amount, the SBA guaranteed $124,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We've showcased information on this loan to let you know that businesses like yours 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.

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