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December 18, 2024  
 
 
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Loan Census SBA Loan Info

Wells Fargo Bank Provides SBA Loan to Buy Quintessence Corporation Franchise

Need a loan to buy a Quintessence Corporation franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Quintessence Corporation franchise loans are available to Lubbock, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Missouri City, Texas, issued an SBA franchise loan for a Quintessence Corporation franchise in 2002. We've got all the details on this Texas small business loan.

SBA Loan Borrower

TEXADELPHIA
LUBBOCK, TX 79424

SBA Loan Lender

WELLS FARGO BANK
3660 HAMPTON DR
MISSOURI CITY, TX 77459

This loan for a small business 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

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

6/5/2002

Loan Approval Gross Amount

$328,500

Loan Approval from the SBA

Of the total $328,500 loan amount, the SBA guaranteed $246,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Quintessence Corporation franchise. At the time of the loan, the company had 9 employees. This SBA loan request did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Advice on Getting a Small Business Loan

Find an SBA Lender in Missouri City, Texas

Texas SBA 7A Lenders