Loan to Buy Knowledgepoints Franchise Issued By Wells Fargo Bank
Need money to buy a Knowledgepoints franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Knowledgepoints franchise? If so, here's a 2006 SBA franchise loan that you should know about. Wells Fargo Bank was the lender and the entrepreneur was based in Bellevue, Washington.
SBA Loan Borrower
RITZMANN ENTERPRISES INC
BELLEVUE, WA 98006
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
611691 - Exam Preparation and Tutoring
Loan Approval Date
5/23/2006
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $30,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Knowledgepoints franchise. At the time of the loan, the company
had 15 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 20 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
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 need seed money for a small business? Maybe you have a business and need capital to get to the next level? 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:
KnowledgePoints Learning Centers
KnowledgePoints Development Corp.
Famous Venture Capitalists
SBA Approved Banks in San Jose, California
Getting an SBA Loan in California