Loan Census Banking News and Information
May 2, 2024  
 
 
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Banks for Spokane, Washington Small Business Owners

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Maid To Perfection Franchise

Need money to purchase a Maid To Perfection franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Maid To Perfection franchise shouldn't be too tough. In 2002, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Spokane, Washington. Because Maid To Perfection was registered with the SBA's registry of franchises, this Washington small business loan was issued on an expedited basis.

SBA Loan Borrower

MAID TO PERFECTION
SPOKANE, WA 99208

SBA Loan Lender

WELLS FARGO BANK
177 PARK AVE, STE 300, A-0514
SAN JOSE, CA 95113

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

327999 - Nonmetallic Mineral Product Manufacturing

Loan Approval Date

2/11/2002

Loan Approval Gross Amount

$66,300

Loan Approval from the SBA

Of the total $66,300 loan amount, the SBA guaranteed $56,355.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Maid To Perfection franchise. At the time of the loan, the company had 12 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in Spokane or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Maid to Perfection Corporation

Find Start-Up Capital

Where to Get an SBA Loan in San Jose, California

California SBA 7A Banks