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Banks in Austin, Texas That Make SBA Loans

 

 
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Austin, Texas Lender Lends Money to Alamo Stone Lp

Want to talk with an Austin, Texas bank about an SBA loan? Here's one Texas business loan, issued by an Austin bank, that was approved by the SBA.

Applying for an SBA loan with Wells Fargo Bank worked out well for our friends at Alamo Stone Lp in Stafford, Texas. They got an SBA loan for $150,000. Nice!

SBA Loan Borrower

ALAMO STONE LP
13020 S KIRKWOOD RD
STAFFORD, TX 77477

SBA Loan Lender

WELLS FARGO BANK
912 S HWY 183
AUSTIN, TX 78741

This business 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

423320 - Brick, Stone, and Related Construction Material Merchant Wholesalers

Loan Approval Date

10/9/2003

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, Alamo Stone Lp, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 23 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 23 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Alamo Stone Lp did when it applied for and received this $150,000 loan. Remember, you control your own destiny.

About This SBA Loan Information:

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

Related Links:

Angel Investors

Who Lends Money to Small Businesses in Austin, Texas

Getting a Business Loan in Texas

 

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