Jewelry Stores Bank Loans

Looking for bank loans for jewelry stores? Try the SBA. This $980,000 jewelry stores loan was issued by a Texas bank.

Getting a small business loan in Westlake, Texas was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from The Frost National Bank, operating out of North Richland Hills, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: JEWELRY STORES
WESTLAKE, TX 76262

SBA Loan Lender

THE FROST NATIONAL BANK
9001 AIRPORT FRWY, STE 100
NORTH RICHLAND HILLS, TX 76180

This lender issued this SBA small business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5944 - Jewelry Stores

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

3/21/2000

Loan Approval Gross Amount

$980,000

Loan Approval from the SBA

Of the total $980,000 loan amount, the SBA guaranteed $735,000.

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 10 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 $980,000 loan. Remember, if it to be, it is up to me!

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:

The Friends and Family Network

Banks in North Richland Hills, Texas

SBA Participating Banks in Texas