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December 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Garland, Business Loans > United Central Bank Garland Business Loans > Tobacco Stores Loan | ||||
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Requirements for Businesses On Getting a Loan
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Where to Get Capital for Tobacco StoresLooking for small business loans for tobacco stores? Talk to a banker who works with the SBA. This $50,000 tobacco stores loan was issued by a Texas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sugar Land, Texas was able to borrow $50,000 from United Central Bank. The SBA made the loan possible by guaranteeing $37,500 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: TOBACCO STORES SBA Loan Lender UNITED CENTRAL BANK This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453991 - Tobacco Stores Loan Approval Date 11/23/2004 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $37,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Raising VC Money for Social Networking Companies Best Garland, Texas Banks for Small Business Where to Get an SBA Loan Texas
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