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November 15, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Salt Lake City, Business Loans > Bank Of The West Salt Lake City Business Loans > Standard Parts Of Little Falls Loan | ||||
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Bank Of The West Small Business Franchise Loan
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Bank Of The West Provides SBA Loan to Buy Napa Auto Parts FranchiseNeed money to buy a Napa Auto Parts franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA. Napa Auto Parts franchise loans are available to Little Falls, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of The West, based in Salt Lake City, Utah, issued an SBA franchise loan for a Napa Auto Parts franchise in 2000. We've got all the details on this Minnesota small business loan. SBA Loan Borrower STANDARD PARTS OF LITTLE FALLS SBA Loan Lender BANK OF THE WEST This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5531 - Auto and Home Supply Stores Loan Approval Date 9/7/2000 Loan Approval Gross Amount $154,400 Loan Approval from the SBA Of the total $154,400 loan amount, the SBA guaranteed $115,800. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Napa Auto Parts franchise. At the time of the loan, the company had 30 employees. The SBA loan documents indicated that the loan would help retain 30 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Raising VC Money for Social Networking Companies SBA 7A Lenders in Salt Lake City, Utah
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