Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Waxahachie Bank Loan

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Waxahachie, Texas Bank to Get an SBA Loan

Get small business loans from a Waxahachie, Texas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Citizens National Bank - Texas is a Waxahachie, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Texas company.

SBA Loan Borrower

COMPANY TYPE: POWER AND COMMUNICATION LINE AND RELATED STRUCTURES CONSTRUCTION
WAXAHACHIE, TX 75165

SBA Loan Lender

CITIZENS NATIONAL BANK - TEXAS
200 N ELM
WAXAHACHIE, TX 75165

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

237130 - Power and Communication Line and Related Structures Construction

Loan Approval Date

2/8/2005

Loan Approval Gross Amount

$1,210,000

Loan Approval from the SBA

Of the total $1,210,000 loan amount, the SBA guaranteed $907,500.

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 26 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Business Cash Advances

Banks in Waxahachie, Texas

Texas SBA 7A Lenders