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April 29, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Fort Worth, Business Loans > State National Bank Fort Worth Business Loans > Support Activities For Animal Production Loan | ||||
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Texas SBA Banks
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Entrepreneur Works With Fort Worth, Texas Bank to Get an SBA LoanGet to know Fort Worth, Texas banks that specialize in SBA loans and know how to work with entrepreneurs. State National Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Tularosa, New Mexico starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from State National Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: SUPPORT ACTIVITIES FOR ANIMAL PRODUCTION SBA Loan Lender STATE NATIONAL BANK This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 115210 - Support Activities for Animal Production Loan Approval Date 8/25/2003 Loan Approval Gross Amount $245,300 Loan Approval from the SBA Of the total $245,300 loan amount, the SBA guaranteed $183,975. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 100 new jobs and retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like State National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Realistic Debt Financing Options Small Bank Loans in Fort Worth, Texas
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