Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

Texas Bank SBA Loans

 

 
Loan Census SBA Loan Info

Wells Fargo Bank SBA Loan to Bottled And Canned Soft Drinks Company

Want a Texas business loan? Here's one Texas business loan that was approved by the SBA.

This small business needed an SBA business loan in Prosper, Texas back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of San Antonio, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: BOTTLED AND CANNED SOFT DRINKS
PROSPER, TX 75078

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

2086 - Bottled and Canned Soft Drinks

Loan Approval Date

1/28/2000

Loan Approval Gross Amount

$126,000

Loan Approval from the SBA

Of the total $126,000 loan amount, the SBA guaranteed $94,500.

More Information on This SBA Loan

The borrower borrowed this money for a new 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. This SBA loan request did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wells Fargo Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Find Start-Up Capital

Find an SBA Lender in San Antonio, Texas

Where to Get an SBA Loan Texas