Loan to Buy Wsi Ice Business Franchise Issued By Wells Fargo Bank
Borrowing money to invest in a Wsi Ice Business franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Idaho Falls, Idaho and are interested in buying a Wsi Ice Business franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 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
JENNINGS INTERNET CONSULTING
IDAHO FALLS, ID 83402
SBA Loan Lender
WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104
This lender issued this particular debt financing 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
541519 - Computer Related Services
Loan Approval Date
2/2/2004
Loan Approval Gross Amount
$46,000
Loan Approval from the SBA
Of the total $46,000 loan amount, the SBA guaranteed $39,100.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Wsi Ice Business franchise. At the time of the loan, the company
had only one employee. The loan application did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This SBA loan was for $46,000. How would you spend $46,000 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:
Family and Friend Investors - Your First Financiers
SBA Banks in Sioux Falls, South Dakota
South Dakota SBA 7A Lenders