Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Kingland Business Owners

 

 
Loan Census SBA Loan Info

Store Retailers Small Business Loans

Looking for small business loans for store retailers? Try the SBA. This $46,000 store retailers loan was issued by a Texas bank.

Getting a small business loan in Kingland, Texas was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Amer Bank - Texas, operating out of Marble Falls, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: RETAIL STORES
KINGLAND, TX 78639

SBA Loan Lender

AMER BANK - TEXAS
418 N HWY 281
MARBLE FALLS, TX 78654

This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

NAICS Code

453998 - Store Retailers

Loan Approval Date

5/4/2001

Loan Approval Gross Amount

$46,000

Loan Approval from the SBA

Of the total $46,000 loan amount, the SBA guaranteed $39,100.

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 2 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Kingland or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Business Credit Evaluation

Good Banks for Small Business in Marble Falls, Texas

Getting an SBA Loan in Texas