Business Loans for General Warehousing and Storage
Looking for business loans for general warehousing and storage? An SBA loan may be just what you've been looking for. This $446,000 general warehousing and storage loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Santa Rosa, California was able to borrow $446,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $334,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL WAREHOUSING AND STORAGE
SANTA ROSA, CA 95407
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
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
493110 - General Warehousing and Storage
Loan Approval Date
3/27/2003
Loan Approval Gross Amount
$446,000
Loan Approval from the SBA
Of the total $446,000 loan amount, the SBA guaranteed $334,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 9 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 9 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
If you need emergency business money, 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:
Alternative Financing
Small Business Banks in San Jose, California
SBA Lenders in California