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| Entrepreneur Resources | Wells Fargo Bank Austin Business Loans | ||||
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Beaumont, Texas Bank Loan
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Wells Fargo Bank Gives SBA Loan to Apollo Environmental StrategieTexas small business loans are available to Texas small business owners through the SBA. In this case, a Texas bank provides the loan.
You can learn something about getting a small business loan in Beaumont, Texas by studying this loan to Apollo Environmental Strategie, made back in 2002. Banks like Wells Fargo Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower APOLLO ENVIRONMENTAL STRATEGIE SBA Loan Lender WELLS FARGO BANK 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 562910 - Remediation Services Loan Approval Date 9/6/2002 Loan Approval Gross Amount $85,000 Loan Approval from the SBA Of the total $85,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower, Apollo Environmental Strategie, 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 14 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 14 existing jobs. This loan was paid in full, and was closed out on 10/3/2006. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Apollo Environmental Strategie walked into Wells Fargo Bank and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money! About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Getting a Business Loan in Texas If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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