Theater Companies and Dinner Theaters Bank Loans
Looking for bank loans for theater companies and dinner theaters? Try the SBA. This $40,000 theater companies and dinner theaters loan was issued by a Texas bank.
This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Fort Davis State Bank, out of Fort Davis, Texas. The loan was granted and they received $40,000 to help grow their Terlingua, Texas business.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
TERLINGUA, TX 79852
SBA Loan Lender
FORT DAVIS STATE BANK
STATE ST & MEMORIAL SQ
FORT DAVIS, TX 79734
This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
NAICS Code
711110 - Theater Companies and Dinner Theaters
Loan Approval Date
4/25/2002
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $34,000.
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 12 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Direct Public Offerings
SBA 7A Banks in Fort Davis, Texas
Where to Get an SBA Loan Texas