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March 29, 2024  
 
 
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Loan Census SBA Loan Info

Daingerfield, Texas Bank Lends Money to Broiler, Fryer, And Roaster Chickens Company in Hughes Springs, Texas

Want to talk with a Daingerfield, Texas bank about a business loan? Here's one Texas business loan, issued by a Daingerfield bank, that was approved by the SBA.

Applying for an SBA loan with National Bank Of Daingerfield worked out well for our friends at one local business in Hughes Springs, Texas. The business was able to get an SBA loan for $615,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
HUGHES SPRINGS, TX 75656

SBA Loan Lender

NATIONAL BANK OF DAINGERFIELD
107 WEBB
DAINGERFIELD, TX 75638

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0251 - Broiler, Fryer, and Roaster Chickens

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

9/24/2003

Loan Approval Gross Amount

$615,000

Loan Approval from the SBA

Of the total $615,000 loan amount, the SBA guaranteed $461,250.

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 only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Hughes Springs TX, you ought to talk with a local Hughes Springs SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hughes Springs businesses.

This SBA loan was for $615,000. How would you spend $615,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

The Art of Bootstrapping

Who Lends Money to Small Businesses in Daingerfield, Texas

Getting an SBA Loan in Texas