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| Entrepreneur Resources | Wells Fargo Bank Austin Business Loans | ||||
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SBA Lender Houston Texas
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Bank Loans for Chemical and Allied Products WholesalersLooking for bank loans for chemical and allied products wholesalers? Talk to a banker who works with the SBA. This $338,300 chemical and allied products wholesalers loan was issued by a Texas bank.
3 K 5 Partnership received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Wells Fargo Bank, out of Austin, Texas. The loan was granted and they received $338,300 to help grow their Houston, Texas business. SBA Loan Borrower 3 K 5 PARTNERSHIP SBA Loan Lender WELLS FARGO BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422690 - Other Chemical and Allied Products Wholesalers Loan Approval Date 3/21/2003 Loan Approval Gross Amount $338,300 Loan Approval from the SBA Of the total $338,300 loan amount, the SBA guaranteed $253,725. More Information on This SBA Loan The borrower, 3 K 5 Partnership, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. 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 to 3 K 5 Partnership 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 SBA loan database. Related Links: Find an SBA Lender in Austin, 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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