Auburn, California Bank Lends Money to Chiropractors Company in Citrus Heights, California
Get business loans from an Auburn, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Wells Fargo Bank is a Auburn, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
CITRUS HEIGHTS, CA 95610
SBA Loan Lender
WELLS FARGO BANK
649 LINCOLN WAY
AUBURN, CA 95603
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621310 - Chiropractors
Loan Approval Date
11/20/2000
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $80,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the funding would help generate 1 new job.
Getting an SBA Loan For Your Business
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wells Fargo Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Determining Proper Capital Structure for a Business
Best Banks in Auburn, California
Getting an SBA Loan in California