Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

SBA Lenders That Lend to Palacios Entrepreneurs

 

 
Loan Census SBA Loan Info

Palacios, Texas Entrepreneur Gets a Business Loan

TexasBusiness loans are available to Texas business owners through the SBA. In this case, a Texas bank provides the loan.

You can learn something about getting a small business loan in Palacios, Texas by studying this loan to a local business, made back in 2001. Banks like Wells Fargo Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: FISH AND SEAFOOD WHOLESALERS
PALACIOS, TX 77465

SBA Loan Lender

WELLS FARGO BANK
912 S HWY 183
AUSTIN, TX 78741

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

422460 - Fish and Seafood Wholesalers

Loan Approval Date

6/29/2001

Loan Approval Gross Amount

$692,300

Loan Approval from the SBA

Of the total $692,300 loan amount, the SBA guaranteed $519,225.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 14 new jobs and retain 15 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $692,300. How would you spend $692,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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 - Friends and Family

SBA Banks in Austin, Texas

SBA Lenders in Texas