Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

We Needed a Commercial Loan in San Antonio, Texas and We Got One!

 

 
Loan Census SBA Loan Info

Business Loans for Pressed and Blown Glass and Glassware Manufacturing

With these business loans for pressed and blown glass and glassware manufacturing, the SBA guarantees the lender that the loan will be repaid. This pressed and blown glass and glassware manufacturing loan for $163,000 was given to a Texas entrepreneur in 2005.

Getting a small business loan in San Antonio, Texas was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from First Commun Bank San Antonio Na, operating out of San Antonio, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: PRESSED AND BLOWN GLASS AND GLASSWARE MANUFACTURING
SAN ANTONIO, TX 78232

SBA Loan Lender

FIRST COMMUN BANK SAN ANTONIO NA
14100 SAN PEDRO ST, STE 100
SAN ANTONIO, TX 77232

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

327212 - Pressed and Blown Glass and Glassware Manufacturing

Loan Approval Date

8/8/2005

Loan Approval Gross Amount

$163,000

Loan Approval from the SBA

Of the total $163,000 loan amount, the SBA guaranteed $122,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Commun Bank San Antonio Na 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:

Obtaining Funding - How to Borrow Money

SBA 7A Banks for San Antonio, Texas Loans

Texas SBA Banks