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May 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Granbury, Business Loans > Community Bank Granbury Business Loans > Drycleaning Plants Loan | ||||
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Community Bank Kaufman
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SBA Loan from Community Bank Helps Drycleaning Plants CompanyAn SBA loan from Community Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Kaufman, Texas business owner got a $726,164 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kaufman, Texas was able to borrow $726,164 from Community Bank. The SBA made the loan possible by guaranteeing $544,623 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: DRYCLEANING PLANTS SBA Loan Lender COMMUNITY BANK This loan for a small business was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and are well trained in SBA lending rules and regulations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7216 - Drycleaning Plants NAICS Code 812320 - Drycleaning and Laundry Services Loan Approval Date 2/24/2000 Loan Approval Gross Amount $726,164 Loan Approval from the SBA Of the total $726,164 loan amount, the SBA guaranteed $544,623. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 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! Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Community Bank and they will explain how you can get an SBA loan for your company. 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: Find an SBA Lender in Granbury, Texas
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