Loan Census Banking News and Information
November 21, 2024  
 
 
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San Jose, California SBA Banks

 

 
Loan Census SBA Loan Info

San Jose, California Bank Gives SBA Loan to Book Publishers Company

Thinking about meeting with a San Jose, California bank about a business loan? Here's one Texas business loan, issued by a San Jose bank, that was approved by the SBA.

Applying for an SBA loan with Wells Fargo Bank worked out well for our friends at one local business in New Braunfels, Texas. The business was able to get an SBA loan for $1,232,400. Great job!

SBA Loan Borrower

COMPANY TYPE: BOOK PUBLISHERS
NEW BRAUNFELS, TX 78130

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

511130 - Book Publishers

Loan Approval Date

3/8/2006

Loan Approval Gross Amount

$1,232,400

Loan Approval from the SBA

Of the total $1,232,400 loan amount, the SBA guaranteed $924,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 14 employees. The loan application indicated that the loan would help retain 14 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in New Braunfels TX, you ought to talk with a local New Braunfels SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New Braunfels businesses.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Wells Fargo Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Obtaining Funding From a Venture Capitalist

Where to Get an SBA Loan in San Jose, California

California SBA 7A Lenders