Loan Census Banking News and Information
November 15, 2024  
 
 
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Winters SBA Lenders

 

 
Loan Census SBA Loan Info

Winters, Texas Bank Lends Money to Video Tape Rental Company in Winters, Texas

Get SBA loans from a Winters, 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.

The Security State Bank is a Winters, 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: VIDEO TAPE RENTAL
WINTERS, TX 79567

SBA Loan Lender

THE SECURITY STATE BANK
700 S MAIN
WINTERS, TX 79567

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7841 - Video Tape Rental

NAICS Code

532230 - Video Tape and Disc Rental

Loan Approval Date

4/25/2001

Loan Approval Gross Amount

$53,423

Loan Approval from the SBA

Of the total $53,423 loan amount, the SBA guaranteed $45,410.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the small business promised 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?

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Winters or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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

Best Banks in Winters, Texas

Texas SBA 7A Lenders