Where to Get Capital for Convention and Visitors Bureaus

With these SBA loans for convention and visitors bureaus, the SBA guarantees the lender that the loan will be repaid. This convention and visitors bureaus loan for $93,000 was given to an Alaska entrepreneur in 2003.

Getting a small business loan in Ketchikan, Alaska was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of Ketchikan, Alaska. Here are the details on this Alaska small business loan.

SBA Loan Borrower

COMPANY TYPE: CONVENTION AND VISITORS BUREAUS
KETCHIKAN, AK 99901

SBA Loan Lender

WELLS FARGO BANK
306 MAIN ST
KETCHIKAN, AK 99901

This lender issued this particular SBA bank 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

561591 - Convention and Visitors Bureaus

Loan Approval Date

5/16/2003

Loan Approval Gross Amount

$93,000

Loan Approval from the SBA

Of the total $93,000 loan amount, the SBA guaranteed $79,050.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 30 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wells Fargo Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

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Who Lends Money to Small Businesses in Ketchikan, Alaska

Find an SBA Lender in Alaska