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May 5, 2024  
 
 
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I Need a Loan in Nacogdoches, Texas

 

 
Loan Census SBA Loan Info

Financing for Nursery and Garden Centers

Looking for loans for nursery and garden centers? Talk to a banker who works with the SBA. This $178,909 nursery and garden centers loan was issued by a Texas bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Austin Bank Texas, out of Nacogdoches, Texas. The loan was granted and they received $178,909 to help grow their Nacogdoches, Texas business.

SBA Loan Borrower

COMPANY TYPE: RETAIL NURSERIES, LAWN AND GARDEN SUPPLY STORES
NACOGDOCHES, TX 75965

SBA Loan Lender

AUSTIN BANK TEXAS
3205 N UNIVERSTIY
NACOGDOCHES, TX 75961

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5261 - Retail Nurseries, Lawn and Garden Supply Stores

NAICS Code

444220 - Nursery and Garden Centers

Loan Approval Date

3/19/2004

Loan Approval Gross Amount

$178,909

Loan Approval from the SBA

Of the total $178,909 loan amount, the SBA guaranteed $134,181.

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 only one employee. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Austin Bank Texas that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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Who Lends Money to Small Businesses in Nacogdoches, Texas

Texas SBA Bank Lenders