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April 24, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Abilene, Business Loans > First Finan Bank Abilene Business Loans > Eating Places Loan | ||||
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Raising Money in Abilene, Texas With SBA Loans
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Texas Small Business Loan Issued to Eating Places CompanyTexasSBA loans are available to Texas entrepreneurs through the SBA. In this case, a Texas bank provides the loan. You can learn something about getting a small business loan in Abilene, Texas by studying this loan to a local business, made back in 2000. Banks like First Finan Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender FIRST FINAN BANK This lender issued this particular SBA small business 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. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 11/6/2000 Loan Approval Gross Amount $74,000 Loan Approval from the SBA Of the total $74,000 loan amount, the SBA guaranteed $59,200. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 9 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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: SBA 7A Banks in Abilene, Texas
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