Entrepreneur Works With Waxahachie, Texas Bank to Get an SBA Loan
Get small business loans from a Waxahachie, Texas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Citizens National Bank - Texas is a Waxahachie, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Texas company.
SBA Loan Borrower
COMPANY TYPE: POWER AND COMMUNICATION LINE AND RELATED STRUCTURES CONSTRUCTION
WAXAHACHIE, TX 75165
SBA Loan Lender
CITIZENS NATIONAL BANK - TEXAS
200 N ELM
WAXAHACHIE, TX 75165
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
237130 - Power and Communication Line and Related Structures Construction
Loan Approval Date
2/8/2005
Loan Approval Gross Amount
$1,210,000
Loan Approval from the SBA
Of the total $1,210,000 loan amount, the SBA guaranteed $907,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 26 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Business Cash Advances
Banks in Waxahachie, Texas
Texas SBA 7A Lenders