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April 28, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Garland, Business Loans > United Central Bank Garland Business Loans > Baked Goods Stores Loan | ||||
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SBA Lenders in Texas
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Borrowing Money for Baked Goods StoresLooking for loans for baked goods stores? Talk to a banker who works with the SBA. This $100,000 baked goods stores loan was issued by a Texas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Forney, Texas was able to borrow $100,000 from United Central Bank. The SBA made the loan possible by guaranteeing $85,000 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: BAKED GOODS STORES SBA Loan Lender UNITED CENTRAL BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445291 - Baked Goods Stores Loan Approval Date 6/20/2006 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from United Central 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: SBA 7A Banks for Garland, Texas Loans
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