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November 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Missouri City, Business Loans > Wells Fargo Bank Missouri City Business Loans > Oil And Gas Field Machinery And Equipment Loan | ||||
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TX SBA Loans from Wells Fargo Bank
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Business Loan from Wells Fargo Bank Given to Oil And Gas Field Machinery And Equipment CompanyAn SBA loan from Wells Fargo Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Spring, Texas business owner got a $750,000 loan. This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Wells Fargo Bank, out of Missouri City, Texas. The loan was granted and they received $750,000 to help grow their Spring, Texas business. SBA Loan Borrower COMPANY TYPE: OIL AND GAS FIELD MACHINERY AND EQUIPMENT SBA Loan Lender WELLS FARGO BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3533 - Oil and Gas Field Machinery and Equipment NAICS Code 333132 - Oil and Gas Field Machinery and Equipment Manufacturing Loan Approval Date 8/21/2001 Loan Approval Gross Amount $750,000 Loan Approval from the SBA Of the total $750,000 loan amount, the SBA guaranteed $675,000. 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 7 employees. This SBA loan request did not indicate that the company planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Spring or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best Missouri City, Texas Banks for Small Business
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