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April 19, 2024  
 
 
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Midland, Texas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Wells Fargo Bank Provides SBA Loan to Buy Dr. Vinyl vinyl Uphol., Etc. Franchise

Need a loan to buy a Dr. Vinyl vinyl Uphol., Etc. franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Dr. Vinyl vinyl Uphol., Etc. franchise loans are available to Midland, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in San Antonio, Texas, issued an SBA franchise loan for a Dr. Vinyl vinyl Uphol., Etc. franchise in 2000. We've got all the details on this Texas small business loan.

SBA Loan Borrower

DR VINYL OF THE PERMIAN BASIN
MIDLAND, TX 79707

SBA Loan Lender

WELLS FARGO BANK
16414 SAN PEDRO, STE 1000
SAN ANTONIO, TX 78232

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7532 - Top and Body Repair and Paint Shops

NAICS Code

811121 - Automotive Body, Paint, and Interior Repair and Maintenance

Loan Approval Date

3/20/2000

Loan Approval Gross Amount

$33,000

Loan Approval from the SBA

Of the total $33,000 loan amount, the SBA guaranteed $26,400.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dr. Vinyl vinyl Uphol., Etc. franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Dr. Vinyl and Associates, Ltd.

Dealing With Venture Capitalists

SBA 7A Banks for San Antonio, Texas Loans

Where to Get an SBA Loan Texas