Get an SBA Loan for Store Retailers

With these small business loans for store retailers, the SBA guarantees the lender that the loan will be repaid. This store retailers loan for $484,369 was given to a Texas entrepreneur in 2000.

This company 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 2000. The lending bank was Ozona National Bank, based in Ozona, Texas.

SBA Loan Borrower

COMPANY TYPE: RETAIL STORES
SAN MARCOS, TX 78666

SBA Loan Lender

OZONA NATIONAL BANK
503 11TH ST
OZONA, TX 76943

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

NAICS Code

453998 - Store Retailers

Loan Approval Date

3/23/2000

Loan Approval Gross Amount

$484,369

Loan Approval from the SBA

Of the total $484,369 loan amount, the SBA guaranteed $363,277.

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 3 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Ozona National Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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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SBA Approved Banks in Ozona, Texas

SBA Texas Banks