Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

Littleton, Colorado Bank Loan

 

 
Loan Census SBA Loan Info

Loan to Buy Fast Frame Franchise Issued By Wells Fargo Bank

Need a loan to purchase a Fast Frame franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Littleton, Colorado and are interested in buying a Fast Frame franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 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

FAST FRAME OF LITTLETON
LITTLETON, CO 80120

SBA Loan Lender

WELLS FARGO BANK
1740 BROADWAY
DENVER, CO 80290

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

442299 - Home Furnishings Stores

Loan Approval Date

4/25/2003

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fast Frame franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

FASTFRAME USA INC.

Obtaining Funding - How to Decide How Much to Raise

SBA 7A Lenders in Denver, Colorado

SBA Participating Banks in Colorado