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April 25, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > La Salsa Fresh Mexican Grill Loan | ||||
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Raising Money in Cerritos (dairy Valley), California With SBA Loans
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Wells Fargo Bank Provides SBA Loan to Buy La Salsa FranchiseBorrowing money to invest in a La Salsa franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a La Salsa franchise? If so, here's a 2001 SBA franchise loan that you should know about. Wells Fargo Bank was the lender and the entrepreneur was based in Cerritos (dairy Valley), California. SBA Loan Borrower LA SALSA FRESH MEXICAN GRILL SBA Loan Lender WELLS FARGO BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/7/2001 Loan Approval Gross Amount $649,500 Loan Approval from the SBA Of the total $649,500 loan amount, the SBA guaranteed $487,125. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a La Salsa franchise. At the time of the loan, the company had 50 employees. This SBA loan request indicated that the loan would help generate 50 new jobs and retain 50 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a business in Cerritos (dairy Valley) CA, you ought to talk with a local Cerritos (dairy Valley) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cerritos (dairy Valley) businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Role of Business Plan When Raising Money SBA 7A Banks for San Jose, California Loans
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