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November 23, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Phoenix, Business Loans > Wells Fargo Bank Phoenix Business Loans > Search, Detection, Navigation, Guidance, Aeronautical, And Nautical System Loan | ||||
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Who Lends Money to Reno Small Business Owners
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Nevada Bank Loan Issued to Search, Detection, Navigation, Guidance, Aeronautical, And Nautical System CompanyBusiness loans in Nevada are hard to find these days. We take a look at one Nevada business loan, provided by an Arizona bank, that was approved by the SBA. Getting a small business loan in Reno, Nevada was a top priority for this SBA-financed company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank. Here are the details on this Nevada small business loan. SBA Loan Borrower COMPANY TYPE: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL, AND NAUTICAL SYSTEM SBA Loan Lender WELLS FARGO BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 334511 - Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System Loan Approval Date 8/10/2001 Loan Approval Gross Amount $155,000 Loan Approval from the SBA Of the total $155,000 loan amount, the SBA guaranteed $116,250. 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 1 new job and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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:
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