Sioux Falls, South Dakota Bank Lends Money to Schools And Instruction Company in Broomfield, Colorado
Get business loans from a Sioux Falls, South Dakota bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Wells Fargo Bank is a Sioux Falls, South Dakota small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Colorado company.
SBA Loan Borrower
COMPANY TYPE: SCHOOLS AND INSTRUCTION
Broomfield, CO 80021
SBA Loan Lender
WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
611699 - Schools and Instruction
Loan Approval Date
1/9/2007
Loan Approval Gross Amount
$347,100
Loan Approval from the SBA
Of the total $347,100 loan amount, the SBA guaranteed $260,325.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 24 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 24 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
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