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May 16, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Sioux Falls, Business Loans > Wells Fargo Bank Sioux Falls Business Loans > Motion Picture Theaters Loan | ||||
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SBA Lenders for Iowa Falls, Iowa Small Businesses
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Get an SBA Loan for Motion Picture TheatersLooking for small business loans for motion picture theaters? An SBA loan may be just what you've been looking for. This $309,900 motion picture theaters loan was issued by a South Dakota bank. This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Wells Fargo Bank, out of Sioux Falls, South Dakota. The loan was granted and they received $309,900 to help grow their Iowa Falls, Iowa business. SBA Loan Borrower COMPANY TYPE: MOTION PICTURE THEATERS SBA Loan Lender WELLS FARGO BANK This lender provides SBA loan for small businesses 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 512131 - Motion Picture Theaters Loan Approval Date 11/16/2007 Loan Approval Gross Amount $309,900 Loan Approval from the SBA Of the total $309,900 loan amount, the SBA guaranteed $232,425. 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 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 16 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $309,900 loan. Remember, fight for what you want, and it will be yours! 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: Good Banks for Small Business in Sioux Falls, South Dakota
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