Miami, Texas Bank Lends Money to Disinfecting And Pest Control Services Company in Pampa, Texas

Want to talk with a Miami, Texas bank about an SBA loan? Here's one Texas business loan, issued by a Miami bank, that was approved by the SBA.

Applying for an SBA loan with First State Bank worked out well for our friends at one local company in Pampa, Texas. The business was able to get an SBA loan for $140,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: DISINFECTING AND PEST CONTROL SERVICES
PAMPA, TX 79065

SBA Loan Lender

FIRST STATE BANK
100 S MAIN
MIAMI, TX 79059

This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7342 - Disinfecting and Pest Control Services

NAICS Code

561710 - Exterminating and Pest Control Services

Loan Approval Date

4/19/2000

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $105,000.

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 2 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Pampa TX, you ought to talk with a local Pampa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pampa businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $140,000 loan. Remember, fight for what you want, and it will be yours!

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:

Choosing VC Firms

SBA 7A Banks for Miami, Texas Loans

Texas SBA Banks