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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Sioux Falls, Business Loans > Wells Fargo Bank Sioux Falls Business Loans > Personal Services Loan | ||||
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Sioux Falls SBA Lenders
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Sioux Falls, South Dakota Bank Gives SBA Loan to Personal Services CompanyThinking about meeting with a Sioux Falls, South Dakota bank about an SBA loan? Here's one California business loan, issued by a Sioux Falls bank, that was approved by the SBA. Applying for an SBA loan with Wells Fargo Bank worked out well for our friends at one local company in Lake Forest, California. The business was able to get an SBA loan for $214,500. Great job! SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender WELLS FARGO BANK This lender provides SBA guaranteed business loans 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. NAICS Code 812990 - Personal Services Loan Approval Date 2/27/2007 Loan Approval Gross Amount $214,500 Loan Approval from the SBA Of the total $214,500 loan amount, the SBA guaranteed $160,875. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $214,500. How would you spend $214,500 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: Best Sioux Falls, South Dakota Banks for Small Business
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