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April 20, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Austin, Business Loans > Wells Fargo Bank Austin Business Loans > A Thousand Points Of Knowledge Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Carrollton, TX Entrepreneur Gets SBA Loan to Buy A Thousand Points Of Knowledge FranchiseNeed money to purchase an A Thousand Points Of Knowledge franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Carrollton, Texas needed money to invest in an A Thousand Points Of Knowledge franchise back in 2003. Wells Fargo Bank issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower A THOUSAND POINTS OF KNOWLEDGE SBA Loan Lender WELLS FARGO BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 611691 - Exam Preparation and Tutoring Loan Approval Date 4/4/2003 Loan Approval Gross Amount $179,400 Loan Approval from the SBA Of the total $179,400 loan amount, the SBA guaranteed $134,550. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an A Thousand Points Of Knowledge franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wells Fargo Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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 Banks in Austin, Texas
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