Getting an SBA Loan for Ice Manufacturing

Looking for commercial loans for ice manufacturing? An SBA loan may be just what you've been looking for. This $165,400 ice manufacturing loan was issued by a Texas bank.

This business knew how to go about getting a business bank loan. Based in San Marcos, Texas, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Ozona National Bank, based in Ozona, Texas.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURED ICE
SAN MARCOS, TX 78666

SBA Loan Lender

OZONA NATIONAL BANK
503 11TH ST
OZONA, TX 76943

This lender issued this SBA small business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2097 - Manufactured Ice

NAICS Code

312113 - Ice Manufacturing

Loan Approval Date

3/7/2001

Loan Approval Gross Amount

$165,400

Loan Approval from the SBA

Of the total $165,400 loan amount, the SBA guaranteed $124,050.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $165,400 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

How to Raise Money

SBA 7A Banks for Ozona, Texas Loans

Texas SBA 7A Lenders