Loan to Buy U-Save Auto Rental Franchise Issued By Wells Fargo Bank

Borrowing money to purchase an U-Save Auto Rental franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

U-Save Auto Rental franchise loans are available to Anchorage, Alaska entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Anchorage, Alaska, issued an SBA franchise loan for an U-Save Auto Rental franchise in 2000. We've got all the details on this Alaska small business loan.

SBA Loan Borrower

ROBIN ENT DBA USAVE AUTO RENTA
ANCHORAGE, AK 99518

SBA Loan Lender

WELLS FARGO BANK
301 W NORTHERN LIGHTS BLVD, S
ANCHORAGE, AK 99503

This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and a thorough understanding of SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7514 - Passenger Car Rental

NAICS Code

532111 - Passenger Car Rental

Loan Approval Date

6/6/2000

Loan Approval Gross Amount

$192,500

Loan Approval from the SBA

Of the total $192,500 loan amount, the SBA guaranteed $144,375.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an U-Save Auto Rental franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

U-Save Auto Rental

Family and Friend Investors - Your First Financiers

Small Bank Loans in Anchorage, Alaska

SBA Participating Banks in Alaska