Borrow Money to Buy a Native New Yorker the Franchise

Borrowing money to invest in a Native New Yorker the franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Native New Yorker the franchise? If so, here's a 2004 SBA franchise loan that you should know about. Wells Fargo Bank was the lender and the entrepreneur was based in Maricopa, Arizona.

SBA Loan Borrower

NATIVE NEW YORKER
MARICOPA, AZ 85239

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/9/2004

Loan Approval Gross Amount

$616,200

Loan Approval from the SBA

Of the total $616,200 loan amount, the SBA guaranteed $462,150.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Native New Yorker the franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 50 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Maricopa AZ, you ought to talk with a local Maricopa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Maricopa businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $616,200 loan. Remember, things become real when you believe you can achieve them!

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.

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