Where to Get Capital for Chicken Egg Production
Looking for SBA loans for chicken egg production? An SBA loan may be just what you've been looking for. This $630,000 chicken egg production loan was issued by a Texas bank.
This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Equity Bank, Ssb, out of Dallas, Texas. The loan was granted and they received $630,000 to help grow their Pickton, Texas business.
SBA Loan Borrower
COMPANY TYPE: CHICKEN EGGS
PICKTON, TX 75471
SBA Loan Lender
EQUITY BANK, SSB
5220 SPRING VALLEY RD, STE 16
DALLAS, TX 75254
This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
0252 - Chicken Eggs
NAICS Code
112310 - Chicken Egg Production
Loan Approval Date
4/28/2004
Loan Approval Gross Amount
$630,000
Loan Approval from the SBA
Of the total $630,000 loan amount, the SBA guaranteed $472,500.
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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.
Related Links:
Startup Funding Tip
Small Business Banks in Dallas, Texas
Texas SBA 7A Banks