Meat Markets Loans
With these loans for meat markets, the SBA guarantees the lender that the loan will be repaid. This meat markets loan for $190,000 was given to a Colorado entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rifle, Colorado was able to borrow $190,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $142,500 of this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: MEAT MARKETS
RIFLE, CO 81650
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445210 - Meat Markets
Loan Approval Date
12/17/2004
Loan Approval Gross Amount
$190,000
Loan Approval from the SBA
Of the total $190,000 loan amount, the SBA guaranteed $142,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 1 existing job.
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SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Rifle or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
The Friends and Family Network
Best Banks for Small Business in San Jose, California
SBA Participating Banks in California