Small Business
Administration

SBA Loans

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U. S. Small Business Administration (SBA) Loans

Texan Bank is a Preferred SBA Lender which gives us the ability to process your SBA loans faster than a non-preferred lender. The benefit of an SBA loan is that it provides lower monthly payments, longer terms and less money down than conventional loans.

Texan Bank offers two types of SBA Loans to help you achieve your small business goals.

7(a) Loan Program

  • Must be a for profit, owner occupied business
  • Eligible use of Funds
    • Purchase land and building
    • Purchase equipment or supplies
    • Provide short term or long term working capital
    • New construction or renovation of existing facility
    • Business acquisitions
    • Refinance of existing debt (under certain conditions)

504 Loan Program

  • Must be a for profit, owner occupied business
  • Eligible use of Funds
    • Purchase land and building
    • Acquisition of new equipment
    • New construction or renovation of existing facility