Polystyrene Foam Product Manufacturing Business Loans

With these business loans for polystyrene foam product manufacturing, the SBA guarantees the lender that the loan will be repaid. This polystyrene foam product manufacturing loan for $563,700 was given to a Texas entrepreneur in 2005.

This business knew how to go about getting a business bank loan. Based in Garland, Texas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Wells Fargo Bank, based in San Jose, California.

SBA Loan Borrower

COMPANY TYPE: POLYSTYRENE FOAM PRODUCT MANUFACTURING
GARLAND, TX 75042

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

326140 - Polystyrene Foam Product Manufacturing

Loan Approval Date

8/22/2005

Loan Approval Gross Amount

$563,700

Loan Approval from the SBA

Of the total $563,700 loan amount, the SBA guaranteed $422,775.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 36 employees. The SBA loan application for the borrower indicated that the loan would help retain 36 existing jobs.

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

If you are raising money in Garland TX, you ought to talk with a local Garland SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Garland businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $563,700 loan. Remember, you control your own destiny.

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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SBA Banks in San Jose, California

SBA California Banks