Broilers and Meat Type Business Loans

Looking for business loans for broilers and meat type? An SBA loan may be just what you've been looking for. This $225,000 broilers and meat type loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Winnsboro, Texas was able to borrow $225,000 from Franklin Bank S.S.B.. The SBA made the loan possible by guaranteeing $168,750 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: BROILERS AND MEAT TYPE
WINNSBORO, TX 75494

SBA Loan Lender

FRANKLIN BANK S.S.B.
539 W 1-30
MOUNT VERNON, TX 75457

This SBA loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

7/8/2005

Loan Approval Gross Amount

$225,000

Loan Approval from the SBA

Of the total $225,000 loan amount, the SBA guaranteed $168,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 company promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Franklin Bank S.S.B. had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Franklin Bank S.S.B. made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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.

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