Shawnee, Texas Entrepreneur Gets a Small Business Loan

Looking to get a Texas SBA loan? This Texas entrepreneur got an SBA loan, provided by an Oklahoma bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Shawnee, Texas by studying this loan to a local business, made back in 2001. Banks like First United Bank & Trust may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
SHAWNEE, TX 74801

SBA Loan Lender

FIRST UNITED BANK & TRUST
912 E INDEPENDENCE
SHAWNEE, OK 74801

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

3/20/2001

Loan Approval Gross Amount

$77,900

Loan Approval from the SBA

Of the total $77,900 loan amount, the SBA guaranteed $66,215.

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 application for the borrower did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

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SBA 7A Banks for Shawnee, Oklahoma Loans

Getting a Business Loan in Oklahoma