Borrow Money to Buy an One Man Band Franchise

Need a loan to invest in an One Man Band franchise? Wells Fargo Bank Grand Junction- has a history of making these loans and they are guaranteed by the SBA.

If you live near Nephi, Utah and are interested in buying an One Man Band franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Wells Fargo Bank Grand Junction-. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

ONE MAN BAND
NEPHI, UT 84648

SBA Loan Lender

WELLS FARGO BANK GRAND JUNCTION-
2355 E CAMELBACK RD, 4TH FL
PHOENIX, AZ 85016

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

12/12/2007

Loan Approval Gross Amount

$539,700

Loan Approval from the SBA

Of the total $539,700 loan amount, the SBA guaranteed $404,775.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an One Man Band franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

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

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wells Fargo Bank Grand Junction- and they will explain how you can get an SBA loan for your company.

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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