Financing for Specialty Food Stores

Looking for loans for specialty food stores? An SBA loan may be just what you've been looking for. This $57,200 specialty food stores loan was issued by a Texas bank.

This company knew how to go about getting a business bank loan. Based in Victoria, Texas, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was 1st National Bank - Beeville, based in Beeville, Texas.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY FOOD STORES
VICTORIA, TX 77901

SBA Loan Lender

1ST NATIONAL BANK - BEEVILLE
1400 E HOUSTON ST
BEEVILLE, TX 78104

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

5/9/2007

Loan Approval Gross Amount

$57,200

Loan Approval from the SBA

Of the total $57,200 loan amount, the SBA guaranteed $42,900.

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 documents indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like 1st National Bank - Beeville and they will explain how you can get an SBA loan for your company.

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:

Determining Proper Capital Structure for a Business

SBA 7A Banks in Beeville, Texas

Texas SBA 7A Banks