Wells Fargo Bank Provides SBA Loan to Buy Koa Kampgroundskampgrounds Of America Franchise

Borrowing money to buy a Koa Kampgroundskampgrounds Of America franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Koa Kampgroundskampgrounds Of America franchise loans are available to Crescent City, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Sacramento, California, issued an SBA franchise loan for a Koa Kampgroundskampgrounds Of America franchise in 2000. We've got all the details on this California small business loan.

SBA Loan Borrower

CRESCENT CITY REDWOODS KOA
CRESCENT CITY, CA 95531

SBA Loan Lender

WELLS FARGO BANK
525 'J' ST
SACRAMENTO, CA 95814

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

721211 - RV Parks and Campgrounds

Loan Approval Date

12/7/2000

Loan Approval Gross Amount

$175,000

Loan Approval from the SBA

Of the total $175,000 loan amount, the SBA guaranteed $131,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Koa Kampgroundskampgrounds Of America franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a company in Crescent City CA, you ought to talk with a local Crescent City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Crescent City businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Wells Fargo Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Wells Fargo Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Obtaining Funding - How to Decide How Much to Raise

Small Business Banks in Sacramento, California

Getting an SBA Loan in California