Loan to Buy T-Shirts Plus Franchise Issued By Wells Fargo Bank

Need a loan to invest in a T-Shirts Plus franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Sacramento, California and are interested in buying a T-Shirts Plus franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Wells Fargo Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

T-SHIRTS PLUS
SACRAMENTO, CA 95815

SBA Loan Lender

WELLS FARGO BANK
6100 BANDERA RD
SAN ANTONIO, TX 78238

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448190 - Clothing Stores

Loan Approval Date

5/17/2001

Loan Approval Gross Amount

$78,100

Loan Approval from the SBA

Of the total $78,100 loan amount, the SBA guaranteed $66,385.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a T-Shirts Plus franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Wells Fargo Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Small Business Credit Cards

SBA Participating Banks in San Antonio, Texas

Where to Get an SBA Loan Texas