Austin, Texas Bank Lends Money to Industrial Supplies Wholesalers Company in San Antonio, Texas
Thinking about meeting with an Austin, Texas bank about a small business loan? Here's one Texas business loan, issued by an Austin 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 firm in San Antonio, Texas. They got an SBA loan for $150,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: INDUSTRIAL SUPPLIES WHOLESALERS
SAN ANTONIO, TX 78204
SBA Loan Lender
WELLS FARGO BANK
912 S HWY 183
AUSTIN, TX 78741
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
421840 - Industrial Supplies Wholesalers
Loan Approval Date
6/17/2002
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
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 indicated that the loan would help generate 1 new job and retain 8 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
If you need emergency business money, 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:
SBIR Funding
SBA 7A Lenders in Austin, Texas
Getting a Business Loan in Texas