Texas SBA Loan Issued to Personal Care Services Company
Business loans in Texas are hard to find these days. We take a look at one Texas business loan, provided by a California bank, that was approved by the SBA.
Getting a small business loan in San Antonio, Texas was a top priority for this SBA-financed company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: PERSONAL CARE SERVICES
SAN ANTONIO, TX 78213
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This SBA business 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
812199 - Personal Care Services
Loan Approval Date
3/30/2005
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
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 6 employees. The loan application indicated that the loan would help generate 9 new jobs and retain 15 existing jobs.
Next Steps for Getting an SBA Loan
If you are raising money in San Antonio TX, you ought to talk with a local San Antonio SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Antonio businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wells Fargo Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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.
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