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December 22, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Kid To Kid Loan | ||||
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Where to Get an SBA Loan to Purchase a Franchise
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South Jordan, UT Entrepreneur Gets SBA Loan to Buy Kid To Kid FranchiseNeed a loan to invest in a Kid To Kid franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in South Jordan, Utah needed money to invest in a Kid To Kid franchise back in 2004. Wells Fargo Bank issued an SBA franchise loan. Here are the details on this Utah small business loan. SBA Loan Borrower KID TO KID SBA Loan Lender WELLS FARGO BANK This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 448130 - Children's and Infants' Clothing Stores Loan Approval Date 7/29/2004 Loan Approval Gross Amount $48,000 Loan Approval from the SBA Of the total $48,000 loan amount, the SBA guaranteed $24,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Kid To Kid franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wells Fargo Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Small Bank Loans in San Jose, California
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