 |
 |
May 8, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Minneapolis, Business Loans > Wells Fargo Bank Minneapolis Business Loans > Mattress Manufacturing Loan | ||||
 |
||||
Raising Money in Winona, Minnesota With SBA Loans
|
||||
 |
Raising Money for Mattress ManufacturingLooking for bank loans for mattress manufacturing? An SBA loan may be just what you've been looking for. This $1,144,000 mattress manufacturing loan was issued by a Minnesota bank. This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Wells Fargo Bank, out of Minneapolis, Minnesota. The loan was granted and they received $1,144,000 to help grow their Winona, Minnesota business. SBA Loan Borrower COMPANY TYPE: MATTRESS MANUFACTURING 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 337910 - Mattress Manufacturing Loan Approval Date 12/9/2003 Loan Approval Gross Amount $1,144,000 Loan Approval from the SBA Of the total $1,144,000 loan amount, the SBA guaranteed $858,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Wells Fargo Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Find an SBA Lender in Minneapolis, Minnesota Getting an SBA Loan in Minnesota
|
|
||
|
||||
|
|
||||