Clute, Texas Bank Gives SBA Loan to Lawyers Company
Thinking about meeting with a Clute, Texas bank about an SBA loan? Here's one Texas business loan, issued by a Clute bank, that was approved by the SBA.
Applying for an SBA loan with First State Bank worked out well for our friends at one local business in Sweeny, Texas. They received an SBA loan for $45,000. Nice!
SBA Loan Borrower
COMPANY TYPE: LAWYERS
SWEENY, TX 77480
SBA Loan Lender
FIRST STATE BANK
200 N BRAZOSPORT BLVD
CLUTE, TX 77531
This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541110 - Lawyers
Loan Approval Date
11/17/2004
Loan Approval Gross Amount
$45,000
Loan Approval from the SBA
Of the total $45,000 loan amount, the SBA guaranteed $38,250.
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 2 employees. The SBA loan documents did not indicate that the company planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Sweeny 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.
Related Links:
SBIR Funding
Where to Get an SBA Loan in Clute, Texas
SBA Texas Lenders