Firm Gets a Texas SBA Loan
TexasSmall business loans are available to Texas small business owners through the SBA. In this case, a Texas bank provides the loan.
You can learn something about getting a small business loan in Winnsboro, Texas by studying this loan to a local company, made back in 2003. Banks like Austin Bank Texas may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
WINNSBORO, TX 75494
SBA Loan Lender
AUSTIN BANK TEXAS
200 E COMMERCE ST
JACKSONVILLE, TX 75766
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA 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
0251 - Broiler, Fryer, and Roaster Chickens
NAICS Code
112320 - Broilers and Meat Type
Loan Approval Date
8/15/2003
Loan Approval Gross Amount
$771,000
Loan Approval from the SBA
Of the total $771,000 loan amount, the SBA guaranteed $578,250.
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 2 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Austin Bank Texas so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Small Business Loan
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SBA Texas Lenders