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April 23, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Denver, Business Loans > Wells Fargo Bank Denver Business Loans > Power Laundries, Family And Commercial Loan | ||||
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Wells Fargo Bank Small Business Loan
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Where to Get Capital for Drycleaning and Laundry ServicesLooking for SBA loans for drycleaning and laundry services? Try the SBA. This $91,750 drycleaning and laundry services loan was issued by a Colorado bank. This business knew how to go about getting a business bank loan. Based in Silt, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Wells Fargo Bank, based in Denver, Colorado. SBA Loan Borrower COMPANY TYPE: POWER LAUNDRIES, FAMILY AND COMMERCIAL SBA Loan Lender WELLS FARGO BANK At the time this loan was granted, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program is designed to provide expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7211 - Power Laundries, Family and Commercial NAICS Code 812320 - Drycleaning and Laundry Services Loan Approval Date 2/3/2000 Loan Approval Gross Amount $91,750 Loan Approval from the SBA Of the total $91,750 loan amount, the SBA guaranteed $68,813. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The loan application did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need money to start business in Silt CO, you ought to talk with a local Silt SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Silt businesses. 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: Obtaining Funding - How to Borrow Money Best Denver, Colorado Banks for Small Business
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