Arizona Entrepreneur Secures Financing to Buy Dream Dinners Franchise
Borrowing money to invest in a Dream Dinners 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 Dream Dinners 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 Gilbert, Arizona.
SBA Loan Borrower
DREAM DINNERS
GILBERT, AZ 85296
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
8/17/2006
Loan Approval Gross Amount
$220,100
Loan Approval from the SBA
Of the total $220,100 loan amount, the SBA guaranteed $165,075.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Dream Dinners franchise. At the time of the loan, the company
had 4 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.
Getting an SBA Loan For Your Business
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 can help you find the best banks for small businesses in Gilbert 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:
Dream Dinners
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Getting an SBA Loan in California