Loan to Buy Cottage Care Franchise Issued By Wells Fargo Bank
Need a loan to invest in a Cottage Care franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
Cottage Care franchise loans are available to Phoenix, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in San Jose, California, issued an SBA franchise loan for a Cottage Care franchise in 2006. We've got all the details on this Arizona small business loan.
SBA Loan Borrower
COTTAGE CARE CLEANING
PHOENIX, AZ 85022
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
561720 - Janitorial Services
Loan Approval Date
7/7/2006
Loan Approval Gross Amount
$55,000
Loan Approval from the SBA
Of the total $55,000 loan amount, the SBA guaranteed $27,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Cottage Care franchise. At the time of the loan, the company
had 20 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 25 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
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:
CottageCare Inc.
The Art of Bootstrapping
SBA 7A Banks in San Jose, California
California SBA Bank Lenders