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May 2, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Lampasas, Business Loans > First Texas Bank Lampasas Business Loans > Continuing Care Retirement Communities Loan | ||||
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SBA Lenders Texas
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Lampasas, Texas Lender Lends Money to Continuing Care Retirement Communities CompanyWant to talk with a Lampasas, Texas bank about a business loan? Here's one Texas business loan, issued by a Lampasas bank, that was approved by the SBA. Applying for an SBA loan with First Texas Bank worked out well for our friends at one local firm in Lampasas, Texas. The business was able to get an SBA loan for $487,265. Great job! SBA Loan Borrower COMPANY TYPE: CONTINUING CARE RETIREMENT COMMUNITIES SBA Loan Lender FIRST TEXAS BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 623311 - Continuing Care Retirement Communities Loan Approval Date 1/11/2005 Loan Approval Gross Amount $487,265 Loan Approval from the SBA Of the total $487,265 loan amount, the SBA guaranteed $365,449. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan If you need business start up money in Lampasas TX, you ought to talk with a local Lampasas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lampasas businesses. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First Texas 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:
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