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| Entrepreneur Resources | Wells Fargo Bank Austin Business Loans | ||||
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I Need a Loan in San Antonio, Texas
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Raising Money for Clothing StoresWith these business loans for clothing stores, the SBA guarantees the lender that the loan will be repaid. This clothing stores loan for $50,000 was given to a Texas entrepreneur in 2001.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Antonio, Texas was able to borrow $50,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $25,000 of this Texas small business loan. SBA Loan Borrower 1 EDUARDO'S INC SBA Loan Lender WELLS FARGO BANK This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 448190 - Other Clothing Stores Loan Approval Date 7/16/2001 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower, 1 Eduardo's Inc, borrowed this money for a new 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 17 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 17 existing jobs. This loan was paid in full, and was closed out on 10/2/2003. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this 1 Eduardo's Inc 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: A Company That Helps Entrepreneurs Best Austin, Texas Banks for Small Business Where to Get an SBA Loan 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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