Loan Census Banking News and Information
May 9, 2024  
 
 
  Business Loan Information  
 

Wells Fargo Bank Business Loans

 

 
Loan Census SBA Loan Info

Testing Laboratories Loans

Looking for loans for testing laboratories? An SBA loan may be just what you've been looking for. This $15,000 testing laboratories loan was issued by a California bank.

This small firm knew how to go about getting a business bank loan. Based in Fort Wayne, Indiana, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Wells Fargo Bank, based in San Jose, California.

SBA Loan Borrower

COMPANY TYPE: TESTING LABORATORIES
FORT WAYNE, IN 46845

SBA Loan Lender

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

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541380 - Testing Laboratories

Loan Approval Date

1/14/2004

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Fort Wayne IN, you ought to talk with a local Fort Wayne SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fort Wayne businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wells Fargo Bank and they will explain how you can get an SBA loan for your company.

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:

Dealing With Venture Capitalists

Good Banks for Small Business in San Jose, California

SBA Lenders in California