Commercial Loans for Refrigeration Equipment and Supplies Merchant Wholesalers

Looking for commercial loans for refrigeration equipment and supplies merchant wholesalers? An SBA loan may be just what you've been looking for. This $50,000 refrigeration equipment and supplies merchant wholesalers loan was issued by a Texas bank.

Getting a small business loan in Fort Worth, Texas was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from State National Bank, operating out of Granbury, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: REFRIGERATION EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS
FORT WORTH, TX 76116

SBA Loan Lender

STATE NATIONAL BANK
1807 HWY 377 E
GRANBURY, TX 76049

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

423740 - Refrigeration Equipment and Supplies Merchant Wholesalers

Loan Approval Date

3/12/2003

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 13 employees. The SBA loan documents indicated that the loan would help retain 13 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Fort Worth TX, you ought to talk with a local Fort Worth SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fort Worth businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from State National Bank 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:

Business Credit Evaluation

SBA 7A Banks in Granbury, Texas

SBA Lenders in Texas