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May 9, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Brownfield, Business Loans > American State Bank Brownfield Business Loans > Exterminating And Pest Control Services Loan | ||||
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SBA Lenders in Texas
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Small Business Loans for Exterminating and Pest Control ServicesWith these small business loans for exterminating and pest control services, the SBA guarantees the lender that the loan will be repaid. This exterminating and pest control services loan for $15,000 was given to a Texas entrepreneur in 2002. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Brownfield, Texas was able to borrow $15,000 from American State Bank. The SBA made the loan possible by guaranteeing $12,750 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: EXTERMINATING AND PEST CONTROL SERVICES SBA Loan Lender AMERICAN STATE BANK This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561710 - Exterminating and Pest Control Services Loan Approval Date 6/13/2002 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $12,750. 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. The SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a company in Brownfield TX, you ought to talk with a local Brownfield SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Brownfield businesses. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from American State Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Good Banks for Small Business in Brownfield, Texas
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