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May 4, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Fertilizer Manufacturing Loan | ||||
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We Needed an SBA Loan in Conroe, Texas and We Got One!
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Borrowing Money for Fertilizer ManufacturingLooking for loans for fertilizer manufacturing? Talk to a banker who works with the SBA. This $473,600 fertilizer manufacturing loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Conroe, Texas was able to borrow $473,600 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $355,200 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: FERTILIZER MANUFACTURING SBA Loan Lender WELLS FARGO BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 325314 - Fertilizer Manufacturing Loan Approval Date 3/31/2004 Loan Approval Gross Amount $473,600 Loan Approval from the SBA Of the total $473,600 loan amount, the SBA guaranteed $355,200. 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 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. We can help you find the best banks for small businesses in Conroe 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: Obtaining Funding - Friends and Family Best Banks in San Jose, California
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