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December 18, 2024  
 
 
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Raising Money in Hebbronville, Texas With SBA Loans

 

 
Loan Census SBA Loan Info

Texas Entrepreneur Secures Financing to Buy True Value Hardware Franchise

Borrowing money to invest in a True Value Hardware franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Hebbronville, Texas needed money to invest in a True Value Hardware franchise back in 2003. Wells Fargo Bank issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

DIAL HARDWARE, INC.
HEBBRONVILLE, TX 78361

SBA Loan Lender

WELLS FARGO BANK
16414 SAN PEDRO, STE 1000
SAN ANTONIO, TX 78232

At the time this loan was granted, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program was created to provide quick service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444130 - Hardware Stores

Loan Approval Date

7/17/2003

Loan Approval Gross Amount

$456,100

Loan Approval from the SBA

Of the total $456,100 loan amount, the SBA guaranteed $342,075.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a True Value Hardware franchise. At the time of the loan, the company had 12 employees. The loan application did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wells Fargo Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

True Value Hardware

Obtaining Funding - How to Decide How Much to Raise

Small Business Banks in San Antonio, Texas

SBA Lenders in Texas