Borrow Money to Buy a Play It Again Sports retail Sports Franchise

Borrowing money to purchase a Play It Again Sports retail Sports franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Play It Again Sports retail Sports franchise loans are available to San Diego, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in San Jose, California, issued an SBA franchise loan for a Play It Again Sports retail Sports franchise in 2000. We've got all the details on this California small business loan.

SBA Loan Borrower

PLAY IT AGAIN SPORTS
SAN DIEGO, CA 92131

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

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.

SIC Code

5941 - Sporting Goods Stores and Bicycle Shops

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

7/25/2000

Loan Approval Gross Amount

$609,000

Loan Approval from the SBA

Of the total $609,000 loan amount, the SBA guaranteed $456,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Play It Again Sports retail Sports franchise. At the time of the loan, the company had 13 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 13 existing jobs.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

Play It Again Sports

The Friends and Family Network

Best Banks in San Jose, California

Where to Get an SBA Loan California