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March 28, 2024  
 
 
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SBA Franchise Financing Lender Round Rock Texas

 

 
Loan Census SBA Loan Info

Texas Entrepreneur Secures Financing to Buy Homes & Land magazine Franchise

Need money to invest in a Homes & Land magazine franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Homes & Land magazine franchise loans are available to Round Rock, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Sioux Falls, South Dakota, issued an SBA franchise loan for a Homes & Land magazine franchise in 2007. We've got all the details on this Texas small business loan.

SBA Loan Borrower

L & E MEDIA LLC
ROUND ROCK, TX 78664

SBA Loan Lender

WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

511199 - Publishers

Loan Approval Date

6/8/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Homes & Land magazine franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wells Fargo Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Homes & Land Publishing, Ltd.

The Friends and Family Network

SBA Approved Banks in Sioux Falls, South Dakota

South Dakota SBA Bank Lenders