Hcsb A St. Bank Association SBA Loan to Book Printing Company

Hcsb A St. Bank Association has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.

Getting a small business loan in Plainview, Texas was an essential business goal for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Hcsb A St. Bank Association, operating out of Plainview, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: BOOK PRINTING
PLAINVIEW, TX 79072

SBA Loan Lender

HCSB A ST. BANK ASSOCIATION
201 W 6TH
PLAINVIEW, TX 79072

This SBA 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

2732 - Book Printing

NAICS Code

323119 - Commercial Printing

Loan Approval Date

4/18/2005

Loan Approval Gross Amount

$207,266

Loan Approval from the SBA

Of the total $207,266 loan amount, the SBA guaranteed $155,450.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Hcsb A St. Bank Association had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Hcsb A St. Bank Association 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:

Microlending as a Small Business Funding Source

SBA 7A Lenders in Plainview, Texas

SBA Participating Banks in Texas