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May 9, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Tahoka, Business Loans > 1st National Bank - Tahoka Tahoka Business Loans > Hardware Stores Loan | ||||
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Banks in Tahoka, Texas That Make SBA Loans
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Tahoka, Texas Lender Lends Money to Hardware Stores CompanyGet to know Tahoka, Texas banks that specialize in business loans and know how to work with entrepreneurs. 1st National Bank - Tahoka is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Tahoka, Texas starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from 1st National Bank - Tahoka. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: HARDWARE STORES SBA Loan Lender 1ST NATIONAL BANK - TAHOKA This lender issued this particular 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 444130 - Hardware Stores Loan Approval Date 2/11/2003 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $76,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. 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. Related Links: Realistic Debt Financing Options Where to Get an SBA Loan in Tahoka, Texas SBA Participating Banks in Texas
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