Westex Group Inc.

20 Courthouse Square #219, Rockville, MD 20850 · Industrial Machinery and Equipment Merchant Wholesalers (NAICS 423830)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

4

Total Amount

$7.2M

Jobs Supported

75

Years Active

2007–2013

Loan History (4)

Source: SBA FOIA
7(a)$1,500,000
Paid in Full
Approved
Oct 26, 2012 (FY2013)
SBA Guaranteed
$1,350,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.00%
Revolver
1
Jobs Supported
14
Business Type
Corporation
Industry
Industrial Machinery and Equipment Merchant Wholesalers (NAICS 423830)
Paid in Full
Jun 30, 2014

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Montgomery County, MD

7(a)$2,000,000
Cancelled
Approved
Nov 10, 2011 (FY2012)
SBA Guaranteed
$1,800,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.00%
Revolver
1
Jobs Supported
20
Business Type
Corporation
Industry
Industrial Machinery and Equipment Merchant Wholesalers (NAICS 423830)

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Montgomery County, MD

7(a)$2,000,000
Paid in Full
Approved
Sep 23, 2010 (FY2010)
SBA Guaranteed
$1,500,000 (75%)
Term
12 months (1.0 yrs)
Interest Rate
4.00%
Revolver
1
Jobs Supported
20
Business Type
Corporation
Industry
Industrial Machinery and Equipment Merchant Wholesalers (NAICS 423830)
Paid in Full
Aug 31, 2012

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Montgomery County, MD

7(a)$1,666,666
Paid in Full
Approved
Aug 31, 2007 (FY2007)
SBA Guaranteed
$1,499,999 (90%)
Term
14 months (1.2 yrs)
Revolver
1
Jobs Supported
21
Business Type
Corporation
Industry
Industrial Machinery and Equipment Merchant Wholesalers (NAICS 423830)
Paid in Full
Dec 31, 2008

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Montgomery County, MD

Business Details

Business Type
Corporation
NAICS Code
423830 Industrial Machinery and Equipment Merchant Wholesalers
Address
20 Courthouse Square #219
Rockville, MD 20850

Lender

Truist Bank
214 N Tryon St, Charlotte, NC 28202

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