Loan Census Banking News and Information
December 18, 2024  
 
 
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Texas Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Loan to Buy Aussie Pet Mobile Villa Park Franchise Issued By Wells Fargo Bank

Borrowing money to invest in an Aussie Pet Mobile Villa Park franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Aussie Pet Mobile Villa Park franchise shouldn't be overly burdensome. In 2002, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Euless, Texas. Because Aussie Pet Mobile Villa Park was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

AUSSIE PET MOBILE ARLINGTON
EULESS, TX 76039

SBA Loan Lender

WELLS FARGO BANK
912 S HWY 183
AUSTIN, TX 78741

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812910 - Pet Care Services

Loan Approval Date

6/13/2002

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Aussie Pet Mobile Villa Park franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $120,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

Related Links:

Obtaining Funding - How to Decide How Much to Raise

Small Bank Loans in Austin, Texas

Getting an SBA Loan in Texas