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Austin Bank Loan

 

 
Gaebler Ventures is a business incubator, holding company, and private equity firm. We help entrepreneurs transform ideas and innovations into greatness.

Austin, Texas Lender Lends Money to Aec Digital Systems

Get small business loans from an Austin, Texas bank that knows how to treat small business owners right! If Aec Digital Systems can get a loan, there's no reason you can't do it too.

Wells Fargo Bank is a Austin, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Aec Digital Systems a Texas company.

SBA Loan Borrower

AEC DIGITAL SYSTEMS
10503 ROCKLEY ROAD STE 103
HOUSTON, TX 77099

SBA Loan Lender

WELLS FARGO BANK
912 S HWY 183
AUSTIN, TX 78741

The lender provided this SBA business 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

811212 - Computer and Office Machine Repair and Maintenance

Loan Approval Date

2/22/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower, Aec Digital Systems, borrowed this money for a new 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 application for the borrower indicated that the loan would help generate 15 new jobs and retain 14 existing jobs. This loan was paid in full, and was closed out on 11/13/2006.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this Aec Digital Systems loan from Wells Fargo Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Obtaining Funding - How to Decide How Much to Raise

SBA Participating Banks in Austin, Texas

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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