Wells Fargo Bank SBA Loan to Apparel And Accessories Company
Searching for a California business loan? Here's one California business loan that was approved by the SBA.
This local small business knew how to go about getting a business bank loan. Based in Costa Mesa, California, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Wells Fargo Bank, based in West Covina, California.
SBA Loan Borrower
COMPANY TYPE: APPAREL AND ACCESSORIES
COSTA MESA, CA 92626
SBA Loan Lender
WELLS FARGO BANK
100 N BARRANCA ST, STE 101
WEST COVINA, CA 91791
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2389 - Apparel and Accessories
Loan Approval Date
5/22/2000
Loan Approval Gross Amount
$397,900
Loan Approval from the SBA
Of the total $397,900 loan amount, the SBA guaranteed $298,425.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We can help you find the best banks for small businesses in Costa Mesa or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Understanding Dilution
Banks in West Covina, California
SBA Lenders in California