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November 15, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Sioux Falls, Business Loans > Wells Fargo Bank Sioux Falls Business Loans > Title Abstract And Settlement Offices Loan | ||||
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Wells Fargo Bank Business Loans
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Reno, Nevada Business Gets SBA-Guaranteed Funding from Wells Fargo BankWells Fargo Bank has a track record as a leading provider of SBA loans. Find out how this Nevada entrepreneur received an SBA loan from them. This growing company knew how to go about getting a business bank loan. Based in Reno, Nevada, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Wells Fargo Bank, based in Sioux Falls, South Dakota. SBA Loan Borrower COMPANY TYPE: TITLE ABSTRACT AND SETTLEMENT OFFICES SBA Loan Lender WELLS FARGO BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541191 - Title Abstract and Settlement Offices Loan Approval Date 10/18/2006 Loan Approval Gross Amount $445,600 Loan Approval from the SBA Of the total $445,600 loan amount, the SBA guaranteed $334,200. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business If you are raising money in Reno NV, you ought to talk with a local Reno SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Reno businesses. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Wells Fargo Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Where to Get an SBA Loan in Sioux Falls, South Dakota
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