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May 17, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Bastrop, Business Loans > First National Bank Bastrop Business Loans > Full-Service Restaurants Loan | ||||
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SBA 7A Banks for Bartup, Texas Small Businesses
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Full-Service Restaurants SBA LoansLooking for SBA loans for full-service restaurants? The SBA may be the answer. This $40,000 full-service restaurants loan was issued by a Texas bank. This small business knew how to go about getting a business bank loan. Based in Bartup, Texas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First National Bank, based in Bastrop, Texas. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender FIRST NATIONAL 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. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 1/28/2004 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. This loan was not for a franchise. At the time of the loan, the company had 20 employees. The SBA loan documents did not indicate that the small business promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Bastrop, Texas Banks for Small Business Browse All Business Loan Sources for Texas
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