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March 29, 2024  
 
 
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Wells Fargo Bank SBA Franchise Loans

 

 
Loan Census SBA Loan Info

Wells Fargo Bank Provides SBA Loan to Buy Joey's Only Franchise

Need a loan to buy a Joey's Only 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 Joey's Only franchise? If so, here's a 2006 SBA franchise loan that you should know about. Wells Fargo Bank was the lender and the entrepreneur was based in Dyer, Indiana.

SBA Loan Borrower

JOEY'S SEAFOOD AND GRILL
DYER, IN 46311

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/25/2006

Loan Approval Gross Amount

$356,000

Loan Approval from the SBA

Of the total $356,000 loan amount, the SBA guaranteed $267,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Joey's Only franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 22 new jobs and retain 24 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

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