Loan Census Banking News and Information
December 18, 2024  
 
 
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Banks Doing SBA Loans in Texas

 

 
Loan Census SBA Loan Info

Dallas, Texas Bank Gives SBA Loan to Gasoline Service Stations Company

Thinking about meeting with a Dallas, Texas bank about a business loan? Here's one Texas business loan, issued by a Dallas bank, that was approved by the SBA.

Applying for an SBA loan with Comerica Bank worked out well for our friends at one local company in Temple, Texas. They received an SBA loan for $905,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
TEMPLE, TX 76504

SBA Loan Lender

COMERICA BANK
8828 STEMMONS FRWY
DALLAS, TX 75247

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

8/30/2002

Loan Approval Gross Amount

$905,000

Loan Approval from the SBA

Of the total $905,000 loan amount, the SBA guaranteed $678,750.

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 5 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $905,000. How would you spend $905,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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