San Jose, California Bank Lends Money to Residential Care Company in Palmer, Alaska

Want to talk with a San Jose, California bank about an SBA loan? Here's one Alaska business loan, issued by a San Jose 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 Palmer, Alaska. They received an SBA loan for $704,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL CARE
PALMER, AK 99645

SBA Loan Lender

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

This business loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8361 - Residential Care

NAICS Code

212321 - Construction Sand and Gravel Mining

Loan Approval Date

9/23/2004

Loan Approval Gross Amount

$704,000

Loan Approval from the SBA

Of the total $704,000 loan amount, the SBA guaranteed $528,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 23 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Palmer AK, you ought to talk with a local Palmer SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Palmer 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 $704,000 loan. Remember, if it to be, it is up to me!

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:

Small Business Credit Cards

Best San Jose, California Banks for Small Business

SBA Participating Banks in California