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May 6, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Fort Worth, Business Loans > Worth National Bank Fort Worth Business Loans > Piece Goods, Notions, And Other Dry Goods Loan | ||||
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SBA Lender Fort Worth, Texas
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Worth National Bank SBA Loan to Piece Goods, Notions, And Other Dry Goods CompanyWorth National Bank has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fort Worth, Texas was able to borrow $411,600 from Worth National Bank. The SBA made the loan possible by guaranteeing $308,700 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: PIECE GOODS, NOTIONS, AND OTHER DRY GOODS SBA Loan Lender WORTH NATIONAL BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5131 - Piece Goods, Notions, and Other Dry Goods NAICS Code 422310 - Piece Goods, Notions, and Dry Goods Wholesalers Loan Approval Date 6/27/2003 Loan Approval Gross Amount $411,600 Loan Approval from the SBA Of the total $411,600 loan amount, the SBA guaranteed $308,700. 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 15 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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. Related Links: SBA 7A Banks in Fort Worth, Texas
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