Wells Fargo Bank Provides SBA Loan to Buy Novus Windshield Repair Franchise
Need money to invest in a Novus Windshield Repair franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
Novus Windshield Repair franchise loans are available to Grand Junction, Colorado entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Minneapolis, Minnesota, issued an SBA franchise loan for a Novus Windshield Repair franchise in 2001. We've got all the details on this Colorado small business loan.
SBA Loan Borrower
NOVUS GRAND JUNCTION WINDSHIEL
GRAND JUNCTION, CO 81520
SBA Loan Lender
WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
811122 - Automotive Glass Replacement Shops
Loan Approval Date
3/29/2001
Loan Approval Gross Amount
$18,200
Loan Approval from the SBA
Of the total $18,200 loan amount, the SBA guaranteed $9,100.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Novus Windshield Repair franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This SBA loan was for $18,200. How would you spend $18,200 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Novus Auto Glass
Equity Financing
Small Bank Loans in Minneapolis, Minnesota
Find an SBA Lender in Minnesota