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May 9, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Fitness And Recreational Sports Centers Loan | ||||
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How to Get SBA Loans in Palm Springs, California
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Fitness and Recreational Sports Centers Commercial LoansLooking for commercial loans for fitness and recreational sports centers? An SBA loan may be just what you've been looking for. This $785,000 fitness and recreational sports centers loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Palm Springs, California was able to borrow $785,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $588,750 of this California small business loan. SBA Loan Borrower COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS SBA Loan Lender WELLS FARGO BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 8/15/2006 Loan Approval Gross Amount $785,000 Loan Approval from the SBA Of the total $785,000 loan amount, the SBA guaranteed $588,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 1 existing job. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Small Bank Loans in San Jose, California
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