Nacogdoches, Texas Lender Lends Money to Poultry And Poultry Products Company
A Nacogdoches, Texas small business loan can be yours. Learn how a business got a $1,080,000 business loan from this Texas bank.
This loan to a local firm is a good example of an SBA loan. First Financial Bank made the loan and the SBA guaranteed a portion of the loan. Many other Texas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: POULTRY AND POULTRY PRODUCTS
WINNSBORO, TX 75494
SBA Loan Lender
FIRST FINANCIAL BANK
1602 E STARR, STE 104
NACOGDOCHES, TX 75961
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5144 - Poultry and Poultry Products
NAICS Code
112320 - Broilers and Meat Type
Loan Approval Date
8/4/2003
Loan Approval Gross Amount
$1,080,000
Loan Approval from the SBA
Of the total $1,080,000 loan amount, the SBA guaranteed $810,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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. This SBA loan request did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
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.
Related Links:
504 Loans
Where to Get an SBA Loan in Nacogdoches, Texas
SBA Lenders in Texas