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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Quanah, Business Loans > Texas Rep. Bank Quanah Business Loans > Full-Service Restaurants Loan | ||||
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Quanah SBA Loans
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Growing Company Gets a Texas Small Business LoanTexasBank loans are available to Texas firms through the SBA. In this case, a Texas bank provides the loan. This company, based in Quanah, Texas, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Texas Rep. Bank. We've got the inside scoop on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender TEXAS REP. BANK 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 722110 - Full-Service Restaurants Loan Approval Date 7/20/2005 Loan Approval Gross Amount $120,800 Loan Approval from the SBA Of the total $120,800 loan amount, the SBA guaranteed $102,680. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 15 employees. This SBA loan request did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Quanah or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Small Business Banks in Quanah, Texas SBA Participating Banks in Texas
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