Wells Fargo Bank Provides SBA Loan to Buy Joey's Only Franchise
Need a loan to buy a Joey's Only franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Joey's Only franchise? If so, here's a 2006 SBA franchise loan that you should know about. Wells Fargo Bank was the lender and the entrepreneur was based in Dyer, Indiana.
SBA Loan Borrower
JOEY'S SEAFOOD AND GRILL
DYER, IN 46311
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This lender provides SBA business 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.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
5/25/2006
Loan Approval Gross Amount
$356,000
Loan Approval from the SBA
Of the total $356,000 loan amount, the SBA guaranteed $267,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Joey's Only franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 22 new jobs and retain 24 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.
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