Bridgeport, West Virginia Bank Lends Money to Auto And Home Supply Stores Company in Higgins, Texas

Find Bridgeport, West Virginia banks that specialize in business loans and know how to work with entrepreneurs. Wesbanco Bank, Inc. is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Higgins, Texas starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Wesbanco Bank, Inc.. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: AUTO AND HOME SUPPLY STORES
HIGGINS, TX 79046

SBA Loan Lender

WESBANCO BANK, INC.
1130 JOHNSON AVE
BRIDGEPORT, WV 26330

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5531 - Auto and Home Supply Stores

Loan Approval Date

5/5/2000

Loan Approval Gross Amount

$27,200

Loan Approval from the SBA

Of the total $27,200 loan amount, the SBA guaranteed $20,400.

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 8 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Small Business Loan

SBA 7A Banks for Bridgeport, West Virginia Loans

SBA Lenders in West Virginia