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November 14, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Phoenix, Business Loans > Wells Fargo Bank Phoenix Business Loans > Full-Service Restaurants Loan | ||||
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How to Get a Business Loan in Albuquerque, New Mexico
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Firm Gets a New Mexico Bank LoanSmall business loans in New Mexico are tough to come by these days. We take a look at one New Mexico small business loan, provided by an Arizona bank, that was approved by the SBA. You can learn something about getting a small business loan in Albuquerque, New Mexico by studying this loan to a local company, made back in 2001. Banks like Wells Fargo Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS 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 722110 - Full-Service Restaurants Loan Approval Date 7/18/2001 Loan Approval Gross Amount $268,000 Loan Approval from the SBA Of the total $268,000 loan amount, the SBA guaranteed $201,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs. Getting an SBA Loan For Your Business If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source We can help you find the best banks for small businesses in Albuquerque 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: SBA Participating Banks in Phoenix, Arizona
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