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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Orange, Business Loans > Wells Fargo Bank Orange Business Loans > Limousine Service Loan | ||||
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Wells Fargo Bank
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SBA Loan from Wells Fargo Bank Helps Limousine Service CompanyAn SBA loan from Wells Fargo Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Santa Ana, California business owner got a $661,500 loan. This growing company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Wells Fargo Bank, out of Orange, California. The loan was granted and they received $661,500 to help grow their Santa Ana, California business. SBA Loan Borrower COMPANY TYPE: LIMOUSINE SERVICE SBA Loan Lender WELLS FARGO BANK This lender provides SBA loan for small businesses 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 485320 - Limousine Service Loan Approval Date 1/25/2002 Loan Approval Gross Amount $661,500 Loan Approval from the SBA Of the total $661,500 loan amount, the SBA guaranteed $496,125. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 27 employees. This SBA loan request indicated that the loan would help retain 27 existing jobs. Getting an SBA Loan For Your Business 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. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA 7A Lenders in Orange, California Where to Get an SBA Loan California
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