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May 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Daingerfield, Business Loans > National Bank Of Daingerfield Daingerfield Business Loans > Grocery Stores Loan | ||||
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Daingerfield, Texas Bank for SBA Loans
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Daingerfield, Texas Lender Lends Money to Grocery Stores CompanyThinking about meeting with a Daingerfield, Texas bank about an SBA 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 firm in Ore City, Texas. They received an SBA loan for $328,500. Sweet! SBA Loan Borrower COMPANY TYPE: GROCERY STORES SBA Loan Lender NATIONAL BANK OF DAINGERFIELD The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5411 - Grocery Stores NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 9/13/2005 Loan Approval Gross Amount $328,500 Loan Approval from the SBA Of the total $328,500 loan amount, the SBA guaranteed $246,375. 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 15 employees. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like National Bank Of Daingerfield that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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 Daingerfield, Texas
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