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April 25, 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 > Winestyles Of Stockton Loan | ||||
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Raising Money in Stockton, California With SBA Loans
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Borrow Money to Buy a Winestyles FranchiseNeed money to invest in a Winestyles franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Winestyles franchise shouldn't be overly burdensome. In 2005, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Stockton, California. Because Winestyles was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis. SBA Loan Borrower WINESTYLES OF STOCKTON SBA Loan Lender WELLS FARGO BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 9/29/2005 Loan Approval Gross Amount $100,300 Loan Approval from the SBA Of the total $100,300 loan amount, the SBA guaranteed $85,255. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Winestyles franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Stockton or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Raising VC Money for Social Networking Companies SBA 7A Banks for San Jose, California Loans
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