Get an SBA Loan for Boat Dealers
Looking for small business loans for boat dealers? Try the SBA. This $320,000 boat dealers loan was issued by a Texas bank.
Getting a small business loan in Pharr, Texas was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Texas State Bank, operating out of Mcallen, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: BOAT DEALERS
PHARR, TX 78577
SBA Loan Lender
TEXAS STATE BANK
3900 N 10TH ST
MCALLEN, TX 78501
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
441222 - Boat Dealers
Loan Approval Date
6/23/2006
Loan Approval Gross Amount
$320,000
Loan Approval from the SBA
Of the total $320,000 loan amount, the SBA guaranteed $240,000.
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 2 employees. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
If you need business start up money in Pharr TX, you ought to talk with a local Pharr SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pharr businesses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Obtaining Funding - How to Borrow Money
Banks in Mcallen, Texas
Texas SBA Bank Lenders