Elk Grove, California Business Gets SBA-Guaranteed Funding from Wells Fargo Bank
Wells Fargo Bank has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them.
This small firm knew how to go about getting a business bank loan. Based in Elk Grove, California, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Wells Fargo Bank, based in Lodi, California.
SBA Loan Borrower
COMPANY TYPE: WOMEN'S CLOTHING STORES
ELK GROVE, CA 95823
SBA Loan Lender
WELLS FARGO BANK
701 S HAM LN
LODI, CA 95242
This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5621 - Women's Clothing Stores
NAICS Code
448120 - Women's Clothing Stores
Loan Approval Date
7/21/2000
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $64,000.
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 4 employees. The loan application did not indicate that the small business promised to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Debt Financing
SBA Approved Banks in Lodi, California
California SBA Banks