Robstown, Texas Business Gets SBA-Guaranteed Funding from First Community Bank
First Community Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Texas entrepreneur was able to get a loan to take a small business to the next level.
This growing company knew how to go about getting a business bank loan. Based in Robstown, Texas, they applied for and received an SBA-guaranteed loan in 2008. The lending bank was First Community Bank, based in Corpus Christi, Texas.
SBA Loan Borrower
COMPANY TYPE: PACKING AND CRATING
ROBSTOWN, TX 78380
SBA Loan Lender
FIRST COMMUNITY BANK
416 N WATER ST
CORPUS CHRISTI, TX 78401
This SBA bank 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.
NAICS Code
488991 - Packing and Crating
Loan Approval Date
1/31/2008
Loan Approval Gross Amount
$114,500
Loan Approval from the SBA
Of the total $114,500 loan amount, the SBA guaranteed $97,325.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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