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November 21, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Blanco, Business Loans > The Blanco National Bank Blanco Business Loans > Sporting Goods Stores Loan | ||||
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Texas Small Business Funding
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Financing for Sporting Goods StoresLooking for loans for sporting goods stores? Try the SBA. This $175,000 sporting goods stores loan was issued by a Texas bank. This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with The Blanco National Bank, out of Blanco, Texas. The loan was granted and they received $175,000 to help grow their San Antonio, Texas business. SBA Loan Borrower COMPANY TYPE: SPORTING GOODS STORES SBA Loan Lender THE BLANCO NATIONAL BANK This 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 451110 - Sporting Goods Stores Loan Approval Date 10/6/2004 Loan Approval Gross Amount $175,000 Loan Approval from the SBA Of the total $175,000 loan amount, the SBA guaranteed $131,250. 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 only one employee. The SBA loan documents did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from The Blanco National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Role of Business Plan When Raising Money SBA Approved Banks in Blanco, Texas
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