 |
 |
May 1, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Texas Business Loan Sources > Sherman, Business Loans > American Bank Of Texas Sherman Business Loans > Clothing Stores Loan | ||||
 |
||||
I Need a Small Business Loan in Denison, Texas
|
||||
 |
Bank Loans for Clothing StoresLooking for bank loans for clothing stores? Try the SBA. This $95,000 clothing stores loan was issued by a Texas bank. This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with American Bank Of Texas, out of Sherman, Texas. The loan was granted and they received $95,000 to help grow their Denison, Texas business. SBA Loan Borrower COMPANY TYPE: CLOTHING STORES SBA Loan Lender AMERICAN BANK OF TEXAS This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448190 - Clothing Stores Loan Approval Date 9/27/2006 Loan Approval Gross Amount $95,000 Loan Approval from the SBA Of the total $95,000 loan amount, the SBA guaranteed $80,750. 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 indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from American Bank Of 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: Realistic Debt Financing Options
|
|
||
|
||||
|
|
||||