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December 19, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Perryton, Business Loans > Interstate Bank, Ssb Perryton Business Loans > Women's And Girls' Cut And Sew Dress Manufacturing Loan | ||||
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SBA Lenders in Texas
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Where to Get Capital for Women's and Girls' Cut and Sew Dress ManufacturingLooking for SBA loans for women's and girls' cut and sew dress manufacturing? Talk to a banker who works with the SBA. This $35,000 women's and girls' cut and sew dress manufacturing loan was issued by a Texas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Perryton, Texas was able to borrow $35,000 from Interstate Bank, Ssb. The SBA made the loan possible by guaranteeing $29,750 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: WOMEN'S AND GIRLS' CUT AND SEW DRESS MANUFACTURING SBA Loan Lender INTERSTATE BANK, SSB This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 315233 - Women's and Girls' Cut and Sew Dress Manufacturing Loan Approval Date 8/4/2003 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $29,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you have been wondering how do i get money to start a business in Perryton TX, you ought to talk with a local Perryton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Perryton businesses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Interstate Bank, Ssb and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Good Banks for Small Business in Perryton, Texas
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