Randolph-Brooks Fcu SBA Loan to Snack And Nonalcoholic Beverage Bars Company

Randolph-Brooks Fcu has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.

This business knew how to go about getting a business bank loan. Based in San Marcos, Texas, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Randolph-Brooks Fcu, based in Universal City, Texas.

SBA Loan Borrower

COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS
SAN MARCOS, TX 78666

SBA Loan Lender

RANDOLPH-BROOKS FCU
HARMON DR RANDOLPH AFB, BLDG
UNIVERSAL CITY, TX 78148

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

12/27/2007

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in San Marcos TX, you ought to talk with a local San Marcos SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Marcos businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Randolph-Brooks Fcu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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