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April 28, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Phoenix, Business Loans > Wells Fargo Bank Phoenix Business Loans > Eating Places Loan | ||||
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Arizona Bank SBA Loans
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Wells Fargo Bank SBA Loan to Eating Places CompanyLooking to get a Nevada SBA loan? Here's one Nevada business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Las Vegas, Nevada was able to borrow $216,500 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $162,375 of this Nevada small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender WELLS FARGO BANK This lender provides SBA small 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. SIC Code 5812 - Eating Places Loan Approval Date 3/3/2000 Loan Approval Gross Amount $216,500 Loan Approval from the SBA Of the total $216,500 loan amount, the SBA guaranteed $162,375. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 23 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 23 existing jobs. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wells Fargo Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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. Related Links: Best Banks in Phoenix, Arizona Browse All Business Loan Sources for Arizona
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