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April 26, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Liberty Tax Service Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Wells Fargo Bank Provides SBA Loan to Buy Liberty Tax Service FranchiseNeed money to invest in a Liberty Tax Service franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in St. Paul, Minnesota needed money to invest in a Liberty Tax Service franchise back in 2005. Wells Fargo Bank issued an SBA franchise loan. Here are the details on this Minnesota small business loan. SBA Loan Borrower LIBERTY TAX SERVICE SBA Loan Lender WELLS FARGO BANK The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 541213 - Tax Preparation Services Loan Approval Date 10/18/2005 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Liberty Tax Service franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Small Bank Loans in San Jose, California
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