Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Good Sources for Graham SBA Loans

 

 
Loan Census SBA Loan Info

Washington Entrepreneur Secures Financing to Buy Signs By Tomorrow Franchise

Need money to buy a Signs By Tomorrow franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Graham, Washington and are interested in buying a Signs By Tomorrow franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Wells Fargo Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

SIGNS BY TOMORROW
GRAHAM, WA 98338

SBA Loan Lender

WELLS FARGO BANK
2628 196TH ST SW
LYNNWOOD, WA 98036

This lender issued this particular SBA 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.

NAICS Code

541430 - Graphic Design Services

Loan Approval Date

10/31/2003

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $59,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Signs By Tomorrow franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Wells Fargo Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Signs By Tomorrow

Startup Funding Tip

Who Lends Money to Small Businesses in Lynnwood, Washington

SBA Washington Banks