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April 26, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Ace Hardware Loan | ||||
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Banks for Franchise Loans in Florida
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Borrow Money to Buy an Ace Hardware FranchiseNeed a loan to buy an Ace Hardware franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Seffner, Florida needed money to invest in an Ace Hardware franchise back in 2006. Wells Fargo Bank issued an SBA franchise loan. Here are the details on this Florida small business loan. SBA Loan Borrower ACE HARDWARE 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 444130 - Hardware Stores Loan Approval Date 7/5/2006 Loan Approval Gross Amount $339,200 Loan Approval from the SBA Of the total $339,200 loan amount, the SBA guaranteed $254,400. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Ace Hardware 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 12 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. 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 $339,200 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: Obtaining Funding - Friends and Family SBA 7A Banks for San Jose, California Loans Browse All Business Loan Sources for California
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