Financing for Warehousing and Storage
With these commercial loans for warehousing and storage, the SBA guarantees the lender that the loan will be repaid. This warehousing and storage loan for $803,500 was given to a Texas entrepreneur in 2001.
Getting a small business loan in Webster, Texas was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc., operating out of Roseville, California. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: WAREHOUSING AND STORAGE
WEBSTER, TX 77598
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
493190 - Warehousing and Storage
Loan Approval Date
12/6/2001
Loan Approval Gross Amount
$803,500
Loan Approval from the SBA
Of the total $803,500 loan amount, the SBA guaranteed $602,625.
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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Webster 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:
Business Incubators
Good Banks for Small Business in Roseville, California
SBA California Banks