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November 22, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Taco Del Mar Loan | ||||
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Wells Fargo Bank Small Business Franchise Loan
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Loan to Buy Taco Del Mar Franchise Issued By Wells Fargo BankNeed money to invest in a Taco Del Mar franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Taco Del Mar franchise may simply require a phone call to a local SBA banker. In 2004, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Chandler, Arizona. Because Taco Del Mar was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis. SBA Loan Borrower TACO DEL MAR SBA Loan Lender WELLS FARGO BANK 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 722211 - Limited-Service Restaurants Loan Approval Date 9/2/2004 Loan Approval Gross Amount $119,600 Loan Approval from the SBA Of the total $119,600 loan amount, the SBA guaranteed $101,660. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Taco Del Mar franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 1 existing job. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. 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. Related Links: Best San Jose, California Banks for Small Business
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