Nursery and Tree Production Business Loans
With these business loans for nursery and tree production, the SBA guarantees the lender that the loan will be repaid. This nursery and tree production loan for $35,000 was given to a Texas entrepreneur in 2000.
Getting a small business loan in Texarkana, Texas was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Capital One, operating out of Texarkana, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: TIMBER TRACTS
TEXARKANA, TX 75501
SBA Loan Lender
CAPITAL ONE
2318 RICHMOND RD
TEXARKANA, TX 75503
This lender issued this particular SBA 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.
SIC Code
0811 - Timber Tracts
NAICS Code
111421 - Nursery and Tree Production
Loan Approval Date
10/30/2000
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $28,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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. This SBA loan request did not indicate that the SBA funding recipient planned to use the money 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.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Capital One that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Equity Financing
SBA Approved Banks in Texarkana, Texas
SBA Texas Lenders