Austin, Texas Bank Gives SBA Loan to Bloomin Acress Texas, Inc.

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

First State Bank Central Texas is a Austin, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Bloomin Acress Texas, Inc. a Texas company.

SBA Loan Borrower

BLOOMIN ACRESS TEXAS, INC.
15307 FM 1825
PFLUGERVILLE, TX 78760

SBA Loan Lender

FIRST STATE BANK CENTRAL TEXAS
6500 N MOPAC, STE 1101
AUSTIN, TX 78731

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5992 - Florists

NAICS Code

453110 - Florists

Loan Approval Date

2/6/2003

Loan Approval Gross Amount

$211,500

Loan Approval from the SBA

Of the total $211,500 loan amount, the SBA guaranteed $158,625.

More Information on This SBA Loan

The borrower, Bloomin Acress Texas, Inc., borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 11/2/2007.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $211,500. How would you spend $211,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Bloomin Acress Texas, Inc., may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Strategic Investors

Where to Get an SBA Loan in Austin, Texas

Texas SBA 7A Banks

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