Bank Loans for Book Stores
Looking for bank loans for book stores? Try the SBA. This $150,000 book stores loan was issued by a Texas bank.
Getting a small business loan in Waco, Texas was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Amer Bank, operating out of Waco, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: BOOK STORES
WACO, TX 76710
SBA Loan Lender
AMER BANK
1601 N I-35
WACO, TX 76705
This lender issued this particular commercial 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
5942 - Book Stores
NAICS Code
451211 - Book Stores
Loan Approval Date
1/2/2003
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 52 employees. The SBA loan documents did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are raising money in Waco TX, you ought to talk with a local Waco SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Waco businesses.
We can help you find the best banks for small businesses in Waco or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
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SBA 7A Banks for Waco, Texas Loans
Texas SBA 7A Lenders