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| Entrepreneur Resources | First State Bank Central Texas Austin Business Loans | ||||
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Florence, Texas Bank for SBA Loans
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Loans for Fertilizer ManufacturingWith these loans for fertilizer manufacturing, the SBA guarantees the lender that the loan will be repaid. This fertilizer manufacturing loan for $877,810 was given to a Texas entrepreneur in 2007.
Getting a small business loan in Florence, Texas was important for Florence Grain Company, Ltd back in 2007 and, based on their loan application, they were successful in getting an SBA loan from First State Bank Central Texas, operating out of Austin, Texas. Here are the details on this Texas small business loan. SBA Loan Borrower FLORENCE GRAIN COMPANY, LTD SBA Loan Lender FIRST STATE BANK CENTRAL TEXAS 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 325314 - Fertilizer (Mixing Only) Manufacturing Loan Approval Date 7/27/2007 Loan Approval Gross Amount $877,810 Loan Approval from the SBA Of the total $877,810 loan amount, the SBA guaranteed $658,357. More Information on This SBA Loan The borrower, Florence Grain Company, Ltd, 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 6 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. Your solution for where to find money to start a business may be an SBA guaranteed loan. Florence Grain Company, Ltd recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: How Much Venture Capital Is There? Who Lends Money to Small Businesses in Austin, 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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