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April 19, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Los Alamos, Business Loans > Los Alamos National Bank Los Alamos Business Loans > Win Of Santa Fe Loan | ||||
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New Mexico Small Business Funding for Franchises
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Santa Fe, NM Entrepreneur Gets SBA Loan to Buy World Inspection Network FranchiseNeed a loan to invest in a World Inspection Network franchise? Los Alamos National Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Santa Fe, New Mexico and are interested in buying a World Inspection Network franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by Los Alamos National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower WIN OF SANTA FE SBA Loan Lender LOS ALAMOS NATIONAL BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8099 - Health and Allied Services Loan Approval Date 3/31/2000 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $32,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a World Inspection Network franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money 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 Los Alamos National 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: World Inspection Network: Home Inspection Service SBA Banks in Los Alamos, New Mexico
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