Loans for Durable Goods Wholesalers

With these loans for durable goods wholesalers, the SBA guarantees the lender that the loan will be repaid. This durable goods wholesalers loan for $383,817 was given to a Texas entrepreneur in 2000.

Getting a small business loan in Rusk, Texas was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Texas National Bank - Jacksonville, operating out of Jacksonville, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: DURABLE GOODS
RUSK, TX 75785

SBA Loan Lender

TEXAS NATIONAL BANK - JACKSONVILLE
300 NECHES ST
JACKSONVILLE, TX 75766

This SBA small business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and are well trained in SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5099 - Durable Goods

NAICS Code

421990 - Durable Goods Wholesalers

Loan Approval Date

6/26/2000

Loan Approval Gross Amount

$383,817

Loan Approval from the SBA

Of the total $383,817 loan amount, the SBA guaranteed $287,863.

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 12 employees. The SBA loan application for the borrower 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

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Texas National Bank - Jacksonville and they will explain how you can get an SBA loan for your company.

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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