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May 15, 2024  
 
 
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Texas Advantage Commun Bank Na SBA 7A Loans

 

 
Loan Census SBA Loan Info

Wheat Farming SBA Loans

Looking for SBA loans for wheat farming? Talk to a banker who works with the SBA. This $160,000 wheat farming loan was issued by a Texas bank.

Getting a small business loan in Port Aransas, Texas was important for this business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Texas Advantage Commun Bank Na, operating out of Alvin, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: WHEAT FARMING
PORT ARANSAS, TX 78373

SBA Loan Lender

TEXAS ADVANTAGE COMMUN BANK NA
1701 FAIRWAY PLAZA, STE 18
ALVIN, TX 77511

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

111140 - Wheat Farming

Loan Approval Date

2/12/2008

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $120,000.

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 6 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Texas Advantage Commun Bank Na 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:

The Friends and Family Network

Small Business Banks in Alvin, Texas

SBA Texas Lenders