Wells Fargo Bank SBA Loan to Eating Places Company
Looking to get a California business loan? Here's one California business loan that was approved by the SBA.
This growing firm needed an SBA business loan in Solana Beach, California back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of Carlsbad, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
SOLANA BEACH, CA 92075
SBA Loan Lender
WELLS FARGO BANK
5611 PALMER WAY, STE G
CARLSBAD, CA 92008
This lender provides SBA small business loans 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.
SIC Code
5812 - Eating Places
Loan Approval Date
6/1/2000
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $64,000.
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 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
The Friends and Family Network
SBA 7A Banks for Carlsbad, California Loans
California SBA 7A Lenders