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May 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Sioux Falls, Business Loans > Wells Fargo Bank Sioux Falls Business Loans > General Freight Trucking, Local Loan | ||||
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How to Get an SBA Loan in South Houston, Texas
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Wells Fargo Bank Gives Business Loan to General Freight Trucking, Local CompanyTexasSBA loans are available to Texas entrepreneurs through the SBA. In this case, a South Dakota bank provides the loan. Getting a small business loan in South Houston, Texas was a top priority for this particular business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL SBA Loan Lender WELLS FARGO BANK This lender provides SBA small business loans 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 484110 - General Freight Trucking, Local Loan Approval Date 10/9/2007 Loan Approval Gross Amount $492,600 Loan Approval from the SBA Of the total $492,600 loan amount, the SBA guaranteed $369,450. 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 12 employees. The loan application indicated that the loan would help retain 12 existing jobs. Next Steps for Getting an SBA Loan If you want money for new small business in South Houston TX, you ought to talk with a local South Houston SBA lender or talk with an out-of-area SBA lender that has previously loaned money to South Houston businesses. This SBA loan was for $492,600. How would you spend $492,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Banks in Sioux Falls, South Dakota
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