Texas SBA Loan Issued to Angelo Tire And Alignment LLC
Would a Texas SBA loan help your business get to the next level? If so, you may want to talk with this Texas bank, which offers SBA loans to Texas entrepreneurs.
By giving the right information to Wells Fargo Bank, this San Angelo, Texas business was able to get an SBA loan. To get this loan, Angelo Tire And Alignment LLC gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.
SBA Loan Borrower
ANGELO TIRE AND ALIGNMENT LLC
4011 S CHADBOURNE
SAN ANGELO, TX 76904
SBA Loan Lender
WELLS FARGO BANK
912 S HWY 183
AUSTIN, TX 78741
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811118 - Other Automotive Mechanical and Electrical Repair and Maintenance
Loan Approval Date
3/17/2003
Loan Approval Gross Amount
$212,900
Loan Approval from the SBA
Of the total $212,900 loan amount, the SBA guaranteed $159,675.
More Information on This SBA Loan
The borrower, Angelo Tire And Alignment LLC, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 7 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wells Fargo Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
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