Loans for Architectural Services
With these loans for architectural services, the SBA guarantees the lender that the loan will be repaid. This architectural services loan for $269,700 was given to a Texas entrepreneur in 2003.
This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Wells Fargo Bank, out of Austin, Texas. The loan was granted and they received $269,700 to help grow their Houston, Texas business.
SBA Loan Borrower
COMPANY TYPE: ARCHITECTURAL SERVICES
HOUSTON, TX 77006
SBA Loan Lender
WELLS FARGO BANK
912 S HWY 183
AUSTIN, TX 78741
This lender provides SBA business 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
541310 - Architectural Services
Loan Approval Date
6/20/2003
Loan Approval Gross Amount
$269,700
Loan Approval from the SBA
Of the total $269,700 loan amount, the SBA guaranteed $202,275.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
How Equity Dilution Works
SBA 7A Banks in Austin, Texas
Getting an SBA Loan in Texas