Loan to Buy Partyland retail Party Goods Franchise Issued By Wells Fargo Bank

Need money to buy a Partyland retail Party Goods franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Partyland retail Party Goods franchise shouldn't be too tough. In 2001, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Roseville, Minnesota. Because Partyland retail Party Goods was registered with the SBA's registry of franchises, this Minnesota small business loan was issued on an expedited basis.

SBA Loan Borrower

PARTY LAND OF ROSEVILLE
ROSEVILLE, MN 55113

SBA Loan Lender

WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453220 - Gift, Novelty, and Souvenir Stores

Loan Approval Date

11/13/2001

Loan Approval Gross Amount

$237,000

Loan Approval from the SBA

Of the total $237,000 loan amount, the SBA guaranteed $177,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Partyland retail Party Goods franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 9 new jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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 $237,000 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:

Party Land

Attracting Investors

Where to Get an SBA Loan in Minneapolis, Minnesota

Minnesota SBA Bank Lenders