Borrowing Money for Broilers and Meat Type
Looking for bank loans for broilers and meat type? Try the SBA. This $675,000 broilers and meat type loan was issued by a Texas bank.
This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First Financial Bank, out of Nacogdoches, Texas. The loan was granted and they received $675,000 to help grow their Center, Texas business.
SBA Loan Borrower
COMPANY TYPE: BROILERS AND MEAT TYPE
CENTER, TX 75935
SBA Loan Lender
FIRST FINANCIAL BANK
1602 E STARR, STE 104
NACOGDOCHES, TX 75961
This lender issued this commercial loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 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.
NAICS Code
112320 - Broilers and Meat Type
Loan Approval Date
10/6/2004
Loan Approval Gross Amount
$675,000
Loan Approval from the SBA
Of the total $675,000 loan amount, the SBA guaranteed $506,250.
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 documents did not indicate that the small business promised to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in Center 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:
Equity Financing
Best Nacogdoches, Texas Banks for Small Business
SBA Participating Banks in Texas