Crystal Beach (patton), Texas Business Gets SBA-Guaranteed Funding from Texas First Bank Santa Fe

Texas First Bank Santa Fe has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in Crystal Beach (patton), Texas, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Texas First Bank Santa Fe, based in Santa Fe, Texas.

SBA Loan Borrower

COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
CRYSTAL BEACH (PATTON), TX 77650

SBA Loan Lender

TEXAS FIRST BANK SANTA FE
12402 HWY 6
SANTA FE, TX 77510

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

3/20/2006

Loan Approval Gross Amount

$1,466,569

Loan Approval from the SBA

Of the total $1,466,569 loan amount, the SBA guaranteed $1,099,926.

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 80 employees. The loan application indicated that the loan would help retain 80 existing jobs.

Getting an SBA Loan For Your 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 source of funding.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Texas First Bank Santa Fe and they will explain how you can get an SBA loan for your company.

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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