Business Loans for Tour Operators

With these business loans for tour operators, the SBA guarantees the lender that the loan will be repaid. This tour operators loan for $144,000 was given to a Texas entrepreneur in 2004.

Getting a small business loan in Terlinga, Texas was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Fort Davis State Bank, operating out of Fort Davis, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: TOUR OPERATORS
TERLINGA, TX 79852

SBA Loan Lender

FORT DAVIS STATE BANK
STATE ST & MEMORIAL SQ
FORT DAVIS, TX 79734

This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561520 - Tour Operators

Loan Approval Date

6/25/2004

Loan Approval Gross Amount

$144,000

Loan Approval from the SBA

Of the total $144,000 loan amount, the SBA guaranteed $122,400.

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 SBA loan documents did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $144,000 loan. Remember, anyone can do it... so why not you?

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:

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Who Lends Money to Small Businesses in Fort Davis, Texas

Where to Get an SBA Loan Texas