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April 28, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Nacogdoches, Business Loans > First Financial Bank Nacogdoches Business Loans > Broiler, Fryer, And Roaster Chickens Loan | ||||
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Texas Bank SBA Loans
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Entrepreneur Works With Nacogdoches, Texas Bank to Get an SBA LoanThinking about meeting with a Nacogdoches, Texas bank about an SBA loan? Here's one Texas business loan, issued by a Nacogdoches bank, that was approved by the SBA. Applying for an SBA loan with First Financial Bank worked out well for our friends at one local company in Mount Vernon, Texas. The business was able to get an SBA loan for $915,000. Way to go! SBA Loan Borrower COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS SBA Loan Lender FIRST FINANCIAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0251 - Broiler, Fryer, and Roaster Chickens NAICS Code 112320 - Broilers and Meat Type Loan Approval Date 5/7/2003 Loan Approval Gross Amount $915,000 Loan Approval from the SBA Of the total $915,000 loan amount, the SBA guaranteed $686,250. 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 documents did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you have been wondering how do i get money to start a business in Mount Vernon TX, you ought to talk with a local Mount Vernon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mount Vernon businesses. 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 First Financial Bank 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. Related Links:
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