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November 21, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Austin, Business Loans > Wells Fargo Bank Austin Business Loans > Plastics And Rubber Industry Machinery Manufacturing Loan | ||||
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How to Get SBA Loans in Hewitt, Texas
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Bank Loans for Plastics and Rubber Industry Machinery ManufacturingLooking for bank loans for plastics and rubber industry machinery manufacturing? Try the SBA. This $414,100 plastics and rubber industry machinery manufacturing loan was issued by a Texas bank. This small firm knew how to go about getting a business bank loan. Based in Hewitt, Texas, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Wells Fargo Bank, based in Austin, Texas. SBA Loan Borrower COMPANY TYPE: PLASTICS AND RUBBER INDUSTRY MACHINERY MANUFACTURING SBA Loan Lender WELLS FARGO BANK 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 333220 - Plastics and Rubber Industry Machinery Manufacturing Loan Approval Date 6/13/2003 Loan Approval Gross Amount $414,100 Loan Approval from the SBA Of the total $414,100 loan amount, the SBA guaranteed $310,575. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower indicated that the loan would help generate 8 new jobs and retain 8 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wells Fargo Bank and they will explain how you can get an SBA loan for your company. 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: Find an SBA Lender in Austin, Texas
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