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April 19, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Sears Miracle Ear Loan | ||||
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Good Sources for Boise SBA Loans
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Idaho Entrepreneur Secures Financing to Buy Miracle-Ear Centers FranchiseNeed money to purchase a Miracle-Ear Centers franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA. Miracle-Ear Centers franchise loans are available to Boise, Idaho entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in San Jose, California, issued an SBA franchise loan for a Miracle-Ear Centers franchise in 2001. We've got all the details on this Idaho small business loan. SBA Loan Borrower SEARS MIRACLE EAR SBA Loan Lender WELLS FARGO BANK 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 446199 - Health and Personal Care Stores Loan Approval Date 9/27/2001 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Miracle-Ear Centers franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Best San Jose, California Banks for Small Business
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