Loan to Buy Bee Hive Homes Of America Franchise Issued By Wells Fargo Bank

Need money to invest in a Bee Hive Homes Of America franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Bee Hive Homes Of America franchise loans are available to St. George, Utah entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in Phoenix, Arizona, issued an SBA franchise loan for a Bee Hive Homes Of America franchise in 2000. We've got all the details on this Utah small business loan.

SBA Loan Borrower

CORRY DEVELOPMENT LC
ST. GEORGE, UT 84770

SBA Loan Lender

WELLS FARGO BANK
100 W WASHINGTON ST
PHOENIX, AZ 85003

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.

SIC Code

8059 - Nursing and Personal Care Facilities, N.E.C

Loan Approval Date

2/10/2000

Loan Approval Gross Amount

$492,200

Loan Approval from the SBA

Of the total $492,200 loan amount, the SBA guaranteed $369,150.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Bee Hive Homes Of America franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in St. George 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.

Related Links:

Obtaining Funding - How to Borrow Money

SBA Participating Banks in Phoenix, Arizona

SBA Arizona Lenders