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May 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Idalou, Business Loans > Security Bank Idalou Business Loans > Crop Planting, Cultivating, And Protecting Loan | ||||
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Idalou, Texas SBA Lenders
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Idalou, Texas Bank Gives SBA Loan to Crop Planting, Cultivating, And Protecting CompanyThinking about meeting with an Idalou, Texas bank about an SBA loan? Here's one Texas business loan, issued by an Idalou bank, that was approved by the SBA. Applying for an SBA loan with Security Bank worked out well for our friends at one local firm in Idalou, Texas. They got an SBA loan for $145,000. Awesome! SBA Loan Borrower COMPANY TYPE: CROP PLANTING, CULTIVATING, AND PROTECTING SBA Loan Lender SECURITY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0721 - Crop Planting, Cultivating, and Protecting NAICS Code 115112 - Soil Preparation, Planting, and Cultivating Loan Approval Date 5/19/2003 Loan Approval Gross Amount $145,000 Loan Approval from the SBA Of the total $145,000 loan amount, the SBA guaranteed $108,750. 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. This SBA loan request did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This SBA loan was for $145,000. How would you spend $145,000 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: SBA Approved Banks in Idalou, Texas
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