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November 14, 2024  
 
 
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Raising Money in New Braunfels, Texas With SBA Loans

 

 
Loan Census SBA Loan Info

Texas Bank Loan Issued to Cemeteries And Crematories Company

TexasSBA loans are available to Texas entrepreneurs through the SBA. In this case, a California bank provides the loan.

Getting a small business loan in New Braunfels, Texas was a top priority for this particular business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc.. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: CEMETERIES AND CREMATORIES
NEW BRAUNFELS, TX 78132

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812220 - Cemeteries and Crematories

Loan Approval Date

10/10/2003

Loan Approval Gross Amount

$763,900

Loan Approval from the SBA

Of the total $763,900 loan amount, the SBA guaranteed $572,925.

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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in New Braunfels or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Advice on Getting a Small Business Loan

SBA 7A Lenders in Roseville, California

California SBA Bank Lenders