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| Entrepreneur Resources | First State Bank Central Texas Austin Business Loans | ||||
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First State Bank Central Texas Dripping Springs
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Business Loan from First State Bank Central Texas Given to Cothern Transportation IncFirst State Bank Central Texas and the SBA work together to get business loans for growing small businesses. Here's an example of how a Texas entrepreneur was able to get a loan to take a small business to the next level.
Cothern Transportation Inc received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First State Bank Central Texas, out of Austin, Texas. The loan was granted and they received $13,500 to help grow their Dripping Springs, Texas business. SBA Loan Borrower COTHERN TRANSPORTATION INC SBA Loan Lender FIRST STATE BANK CENTRAL TEXAS This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 484121 - General Freight Trucking, Long Distance, Truckload Loan Approval Date 7/22/2004 Loan Approval Gross Amount $13,500 Loan Approval from the SBA Of the total $13,500 loan amount, the SBA guaranteed $6,750. More Information on This SBA Loan The borrower, Cothern Transportation Inc, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 4 existing jobs. This loan was paid in full, and was closed out on 7/2/2007. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Dripping Springs or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Obtaining Funding From a Venture Capitalist SBA Approved Banks in Austin, Texas Browse All Business Loan Sources for Texas If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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