Borrowing Money for Fertilizer Manufacturing

Looking for loans for fertilizer manufacturing? Talk to a banker who works with the SBA. This $473,600 fertilizer manufacturing loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Conroe, Texas was able to borrow $473,600 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $355,200 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: FERTILIZER MANUFACTURING
CONROE, TX 77385

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

325314 - Fertilizer Manufacturing

Loan Approval Date

3/31/2004

Loan Approval Gross Amount

$473,600

Loan Approval from the SBA

Of the total $473,600 loan amount, the SBA guaranteed $355,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Conroe 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 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.

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