Abilene, Texas Lender Lends Money to Cattle Feedlots Company
Thinking about meeting with an Abilene, Texas bank about a small business loan? Here's one Texas business loan, issued by an Abilene bank, that was approved by the SBA.
Applying for an SBA loan with First Finan Bank worked out well for our friends at one local firm in Abilene, Texas. The business was able to get an SBA loan for $45,000. Great job!
SBA Loan Borrower
COMPANY TYPE: CATTLE FEEDLOTS
ABILENE, TX 79602
SBA Loan Lender
FIRST FINAN BANK
400 PINE ST
ABILENE, TX 79601
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
112112 - Cattle Feedlots
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $45,000 loan amount, the SBA guaranteed $38,250.
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 company planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a company in Abilene TX, you ought to talk with a local Abilene SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Abilene businesses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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