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May 17, 2024  
 
 
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Loan Census SBA Loan Info

Theater Companies and Dinner Theaters Bank Loans

Looking for bank loans for theater companies and dinner theaters? Try the SBA. This $40,000 theater companies and dinner theaters loan was issued by a Texas bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Fort Davis State Bank, out of Fort Davis, Texas. The loan was granted and they received $40,000 to help grow their Terlingua, Texas business.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
TERLINGUA, TX 79852

SBA Loan Lender

FORT DAVIS STATE BANK
STATE ST & MEMORIAL SQ
FORT DAVIS, TX 79734

This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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

5812 - Eating Places

NAICS Code

711110 - Theater Companies and Dinner Theaters

Loan Approval Date

4/25/2002

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

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 12 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Direct Public Offerings

SBA 7A Banks in Fort Davis, Texas

Where to Get an SBA Loan Texas