Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Sparks, Nevada Bank Loan

 

 
Loan Census SBA Loan Info

Manufacturing Bank Loans

With these bank loans for manufacturing, the SBA guarantees the lender that the loan will be repaid. This manufacturing loan for $75,000 was given to a Nevada entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sparks, Nevada was able to borrow $75,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $37,500 of this Nevada small business loan.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING
SPARKS, NV 89431

SBA Loan Lender

WELLS FARGO BANK
1000 BROYLES RANCH RD
BATTLE MOUNTAIN, NV 89820

This bank 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

339999 - Manufacturing

Loan Approval Date

8/27/2001

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

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 8 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 8 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a company in Sparks NV, you ought to talk with a local Sparks SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sparks businesses.

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:

How to Raise Money

Small Business Banks in Battle Mountain, Nevada

Where to Get an SBA Loan Nevada