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May 6, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Denton, Business Loans > Northstar Bank Of Texas Denton Business Loans > Book Stores Loan | ||||
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How to Get a Small Business Loan from Northstar Bank Of Texas
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SBA Loan from Northstar Bank Of Texas Helps Book Stores CompanyNorthstar Bank Of Texas has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them. This growing company knew how to go about getting a business bank loan. Based in Denton, Texas, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was Northstar Bank Of Texas, based in Denton, Texas. SBA Loan Borrower COMPANY TYPE: BOOK STORES SBA Loan Lender NORTHSTAR BANK OF TEXAS This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 451211 - Book Stores Loan Approval Date 9/5/2001 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 loan application did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Northstar 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: The Friends and Family Network Small Business Banks in Denton, Texas
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