Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Grand Junction, Colorado Small Business Owners

 

 
Loan Census SBA Loan Info

Wells Fargo Bank Provides SBA Loan to Buy Novus Windshield Repair Franchise

Need money to invest in a Novus Windshield Repair franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Novus Windshield Repair franchise loans are available to Grand Junction, Colorado entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Minneapolis, Minnesota, issued an SBA franchise loan for a Novus Windshield Repair franchise in 2001. We've got all the details on this Colorado small business loan.

SBA Loan Borrower

NOVUS GRAND JUNCTION WINDSHIEL
GRAND JUNCTION, CO 81520

SBA Loan Lender

WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

811122 - Automotive Glass Replacement Shops

Loan Approval Date

3/29/2001

Loan Approval Gross Amount

$18,200

Loan Approval from the SBA

Of the total $18,200 loan amount, the SBA guaranteed $9,100.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Novus Windshield Repair franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $18,200. How would you spend $18,200 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Novus Auto Glass

Equity Financing

Small Bank Loans in Minneapolis, Minnesota

Find an SBA Lender in Minnesota