Get an SBA Loan for Optical Goods Stores

With these loans for optical goods stores, the SBA guarantees the lender that the loan will be repaid. This optical goods stores loan for $37,100 was given to a Texas entrepreneur in 2003.

Getting a small business loan in Plainview, Texas was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from State National Bank, operating out of Plainview, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: OPTICAL GOODS STORES
PLAINVIEW, TX 79092

SBA Loan Lender

STATE NATIONAL BANK
2804 OLTON RD
PLAINVIEW, TX 79072

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446130 - Optical Goods Stores

Loan Approval Date

11/13/2003

Loan Approval Gross Amount

$37,100

Loan Approval from the SBA

Of the total $37,100 loan amount, the SBA guaranteed $31,535.

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 loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start business in Plainview TX, you ought to talk with a local Plainview SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Plainview businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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