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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Dallas, Business Loans > Nexbank, Ssb Dallas Business Loans > Refrigerated Warehousing And Storage Loan | ||||
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Advice for Business Owners On Getting a Loan
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Borrowing Money for Refrigerated Warehousing and StorageLooking for small business loans for refrigerated warehousing and storage? An SBA loan may be just what you've been looking for. This $1,700,000 refrigerated warehousing and storage loan was issued by a Texas bank. Getting a small business loan in Palestine, Texas was important for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Nexbank, Ssb, operating out of Dallas, Texas. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: REFRIGERATED WAREHOUSING AND STORAGE SBA Loan Lender NEXBANK, SSB 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 493120 - Refrigerated Warehousing and Storage Loan Approval Date 1/6/2006 Loan Approval Gross Amount $1,700,000 Loan Approval from the SBA Of the total $1,700,000 loan amount, the SBA guaranteed $1,275,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 6 employees. The SBA loan documents indicated that the loan would help generate 19 new jobs and retain 25 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Nexbank, Ssb had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Nexbank, Ssb made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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:
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