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April 27, 2024  
 
 
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Loan Census SBA Loan Info

Where to Get Capital for Broilers and Meat Type

Looking for SBA loans for broilers and meat type? The SBA may be the answer. This $985,000 broilers and meat type loan was issued by a Texas bank.

This small business knew how to go about getting a business bank loan. Based in Nacogdoches, Texas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was First Financial Bank, based in Nacogdoches, Texas.

SBA Loan Borrower

COMPANY TYPE: BROILERS AND MEAT TYPE
NACOGDOCHES, TX 75961

SBA Loan Lender

FIRST FINANCIAL BANK
1602 E STARR, STE 104
NACOGDOCHES, TX 75961

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

7/12/2005

Loan Approval Gross Amount

$985,000

Loan Approval from the SBA

Of the total $985,000 loan amount, the SBA guaranteed $738,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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Banks in Nacogdoches, Texas

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