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December 22, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Minneapolis, Business Loans > Wells Fargo Bank Minneapolis Business Loans > Snap-On Tools Loan | ||||
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Where to Get a Business Loan to Purchase a Franchise
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Wisconsin Entrepreneur Secures Financing to Buy Snap-On-Tools FranchiseNeed a loan to purchase a Snap-On-Tools franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA. Snap-On-Tools franchise loans are available to Kaukauna, Wisconsin 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 Snap-On-Tools franchise in 2003. We've got all the details on this Wisconsin small business loan. SBA Loan Borrower SNAP-ON TOOLS SBA Loan Lender WELLS FARGO BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441310 - Automotive Parts and Accessories Stores Loan Approval Date 12/4/2003 Loan Approval Gross Amount $143,300 Loan Approval from the SBA Of the total $143,300 loan amount, the SBA guaranteed $121,805. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Snap-On-Tools franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wells Fargo Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Good Banks for Small Business in Minneapolis, Minnesota
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