Entrepreneur Works With Pecos, Texas Bank to Get an SBA Loan

Get SBA loans from a Pecos, Texas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Transpecos Banks is a Pecos, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Texas company.

SBA Loan Borrower

COMPANY TYPE: FOOTWEAR MANUFACTURING
PRESIDIO, TX 79845

SBA Loan Lender

TRANSPECOS BANKS
115 W 3RD ST
PECOS, TX 79772

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

316219 - Footwear Manufacturing

Loan Approval Date

5/25/2006

Loan Approval Gross Amount

$611,000

Loan Approval from the SBA

Of the total $611,000 loan amount, the SBA guaranteed $458,250.

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 loan application did not indicate that the business promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We've showcased information on this loan to let you know that businesses like yours 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.

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