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May 1, 2024  
 
 
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Loan Census SBA Loan Info

Dallas, Texas Lender Lends Money to Professional Equipment And Supplies Wholesalers Company

Want to talk with a Dallas, Texas bank about an SBA loan? Here's one Texas business loan, issued by a Dallas bank, that was approved by the SBA.

Applying for an SBA loan with Guaranty Bank worked out well for our friends at one local firm in Selma, Texas. They got an SBA loan for $150,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: PROFESSIONAL EQUIPMENT AND SUPPLIES WHOLESALERS
SELMA, TX 78154

SBA Loan Lender

GUARANTY BANK
8333 DOUGLAS AVENUE
DALLAS, TX 75225

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421490 - Professional Equipment and Supplies Wholesalers

Loan Approval Date

4/21/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Selma TX, you ought to talk with a local Selma SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Selma businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

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Best Dallas, Texas Banks for Small Business

SBA Lenders in Texas