Where to Get Capital for Jewelry, Watch, Precious Stone, and Precious Metal Wholesalers

Looking for SBA loans for jewelry, watch, precious stone, and precious metal wholesalers? An SBA loan may be just what you've been looking for. This $68,850 jewelry, watch, precious stone, and precious metal wholesalers loan was issued by a Wisconsin bank.

This business knew how to go about getting a business bank loan. Based in Appleton, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Wells Fargo Bank, based in Appleton, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: JEWELRY, WATCHES AND PRECIOUS STONES
APPLETON, WI 54914

SBA Loan Lender

WELLS FARGO BANK
118 S STATE ST
APPLETON, WI 54911

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5094 - Jewelry, Watches and Precious Stones

NAICS Code

421940 - Jewelry, Watch, Precious Stone, and Precious Metal Wholesalers

Loan Approval Date

12/19/2000

Loan Approval Gross Amount

$68,850

Loan Approval from the SBA

Of the total $68,850 loan amount, the SBA guaranteed $55,080.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Small Business Loan

Find an SBA Lender in Appleton, Wisconsin

Getting a Business Loan in Wisconsin