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May 6, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Gilmer, Business Loans > Gilmer National Bank Gilmer Business Loans > Anderson Electronics Loan | ||||
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Raising Money in Pittsburg, Texas With SBA Loans
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Borrow Money to Buy a Radio Shack FranchiseNeed money to invest in a Radio Shack franchise? Gilmer National Bank has a history of making these loans and they are guaranteed by the SBA. Radio Shack franchise loans are available to Pittsburg, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Gilmer National Bank, based in Gilmer, Texas, issued an SBA franchise loan for a Radio Shack franchise in 2001. We've got all the details on this Texas small business loan. SBA Loan Borrower ANDERSON ELECTRONICS SBA Loan Lender GILMER NATIONAL BANK This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 443112 - Radio, Television, and Electronics Stores Loan Approval Date 12/19/2001 Loan Approval Gross Amount $114,000 Loan Approval from the SBA Of the total $114,000 loan amount, the SBA guaranteed $96,900. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Radio Shack franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Who Lends Money to Small Businesses in Gilmer, Texas Where to Get an SBA Loan Texas
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