Bank Loans for Home Health Care Services
Looking for bank loans for home health care services? An SBA loan may be just what you've been looking for. This $290,000 home health care services loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Colorado Springs, Colorado was able to borrow $290,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $217,500 of this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: HOME HEALTH CARE SERVICES
COLORADO SPRINGS, CO 80906
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
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
621610 - Home Health Care Services
Loan Approval Date
2/22/2006
Loan Approval Gross Amount
$290,000
Loan Approval from the SBA
Of the total $290,000 loan amount, the SBA guaranteed $217,500.
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 40 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs and retain 40 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wells Fargo Bank and they will explain how you can get an SBA loan for your company.
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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