SBA Loan from First State Bank Helps Commercial Printing Company

An SBA loan from First State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Tyler, Texas business owner got a $131,100 loan.

This growing company knew how to go about getting a business bank loan. Based in Tyler, Texas, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was First State Bank, based in Brownsboro, Texas.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
TYLER, TX 75702

SBA Loan Lender

FIRST STATE BANK
14225 HWY 31 EAST
BROWNSBORO, TX 75756

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323119 - Commercial Printing

Loan Approval Date

2/5/2004

Loan Approval Gross Amount

$131,100

Loan Approval from the SBA

Of the total $131,100 loan amount, the SBA guaranteed $111,435.

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. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Tyler TX, you ought to talk with a local Tyler SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tyler businesses.

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 $131,100 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:

How Equity Dilution Works

Where to Get an SBA Loan in Brownsboro, Texas

SBA Lenders in Texas