Texas Business Loan Issued to Retail Bakeries Company

TexasSBA loans are available to Texas entrepreneurs through the SBA. In this case, a Texas bank provides the loan.

Getting a small business loan in Stephenville, Texas was a top priority for this particular business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Texas Bank. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: RETAIL BAKERIES
STEPHENVILLE, TX 76401

SBA Loan Lender

TEXAS BANK
400 FISK ST
BROWNWOOD, TX 76801

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

311811 - Retail Bakeries

Loan Approval Date

10/12/2006

Loan Approval Gross Amount

$116,200

Loan Approval from the SBA

Of the total $116,200 loan amount, the SBA guaranteed $58,100.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Stephenville TX, you ought to talk with a local Stephenville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Stephenville businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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