Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Crockett Bank Loan

 

 
Loan Census SBA Loan Info

Crockett, Texas Lender Lends Money to Podiatrists Company

Thinking about meeting with a Crockett, Texas bank about an SBA loan? Here's one Texas business loan, issued by a Crockett bank, that was approved by the SBA.

Applying for an SBA loan with First National Bank - Crockett worked out well for our friends at one local firm in Richardson, Texas. They got an SBA loan for $100,000. Nice!

SBA Loan Borrower

COMPANY TYPE: PODIATRISTS
RICHARDSON, TX 75080

SBA Loan Lender

FIRST NATIONAL BANK - CROCKETT
415 E GOLIAD
CROCKETT, TX 75835

This lender issued this particular SBA 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

621391 - Podiatrists

Loan Approval Date

7/19/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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.

Related Links:

Advice on Getting a Small Business Loan

SBA Approved Banks in Crockett, Texas

SBA Texas Lenders