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April 29, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Store Retailers Loan | ||||
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California SBA 7A Lenders
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San Jose, California Bank Gives SBA Loan to Store Retailers CompanyThinking about meeting with a San Jose, California bank about a business loan? Here's one Montana business loan, issued by a San Jose bank, that was approved by the SBA. Applying for an SBA loan with Wells Fargo Bank worked out well for our friends at one local company in Lewistown, Montana. They got an SBA loan for $41,000. Way to go! SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender WELLS FARGO BANK This SBA 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 453998 - Store Retailers Loan Approval Date 4/30/2003 Loan Approval Gross Amount $41,000 Loan Approval from the SBA Of the total $41,000 loan amount, the SBA guaranteed $20,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This SBA loan was for $41,000. How would you spend $41,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Obtaining Funding - How to Decide How Much to Raise Best Banks in San Jose, California
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