Furniture Stores Business Loans
Looking for business loans for furniture stores? Try the SBA. This $255,600 furniture stores loan was issued by a California bank.
This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Wells Fargo Bank, out of San Jose, California. The loan was granted and they received $255,600 to help grow their Solana Beach, California business.
SBA Loan Borrower
COMPANY TYPE: FURNITURE STORES
SOLANA BEACH, CA 92075
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
442110 - Furniture Stores
Loan Approval Date
12/27/2005
Loan Approval Gross Amount
$255,600
Loan Approval from the SBA
Of the total $255,600 loan amount, the SBA guaranteed $191,700.
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 4 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 7 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in Solana Beach or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
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