Texas Small Business Loan Issued to Gasoline Service Stations Company
Want a Texas SBA loan? This Texas entrepreneur got an SBA loan, provided by a Texas bank that works with the SBA to help small business owners.
Getting a small business loan in Wheeler, Texas was a top priority for this particular business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First State Bank. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: GASOLINE SERVICE STATIONS
WHEELER, TX 79096
SBA Loan Lender
FIRST STATE BANK
1ST & WHEELER
MOBEETIE, TX 79061
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5541 - Gasoline Service Stations
NAICS Code
447190 - Gasoline Stations
Loan Approval Date
12/14/2001
Loan Approval Gross Amount
$171,500
Loan Approval from the SBA
Of the total $171,500 loan amount, the SBA guaranteed $128,625.
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 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We've showcased information on this loan to let you know that businesses like yours 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.
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