Borrowing Money for Funeral Homes and Funeral Services
Looking for small business loans for funeral homes and funeral services? Try the SBA. This $333,300 funeral homes and funeral services loan was issued by a Texas bank.
Getting a small business loan in Sunnyvale, Texas was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Citibank, operating out of Dallas, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: FUNERAL SERVICE AND CREMATORIES
SUNNYVALE, TX 75182
SBA Loan Lender
CITIBANK
8401 N CENTRAL EXPWY, STE 100
DALLAS, TX 75225
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7261 - Funeral Service and Crematories
NAICS Code
812210 - Funeral Homes and Funeral Services
Loan Approval Date
5/30/2002
Loan Approval Gross Amount
$333,300
Loan Approval from the SBA
Of the total $333,300 loan amount, the SBA guaranteed $249,975.
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 5 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Sunnyvale or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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