Business Loan from Uvalde National Bank Given to Physical Fitness Facilities Company
Uvalde National Bank has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.
This growing company knew how to go about getting a business bank loan. Based in Uvalde, Texas, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Uvalde National Bank, based in Uvalde, Texas.
SBA Loan Borrower
COMPANY TYPE: PHYSICAL FITNESS FACILITIES
UVALDE, TX 78801
SBA Loan Lender
UVALDE NATIONAL BANK
727 E MAIN ST
UVALDE, TX 78801
This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7991 - Physical Fitness Facilities
NAICS Code
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
8/18/2003
Loan Approval Gross Amount
$58,000
Loan Approval from the SBA
Of the total $58,000 loan amount, the SBA guaranteed $49,300.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $58,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Obtaining Funding - Friends and Family
SBA 7A Banks in Uvalde, Texas
SBA Lenders in Texas