Tampa, FL Entrepreneur Gets SBA Loan to Buy Pearle Vision Center Franchise

Need a loan to purchase a Pearle Vision Center franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Tampa, Florida needed money to invest in a Pearle Vision Center franchise back in 2001. Wells Fargo Bank issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

PEARLE VISION
TAMPA, FL 33647

SBA Loan Lender

WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418

This lender provides SBA guaranteed 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.

NAICS Code

446130 - Optical Goods Stores

Loan Approval Date

6/15/2001

Loan Approval Gross Amount

$512,700

Loan Approval from the SBA

Of the total $512,700 loan amount, the SBA guaranteed $384,525.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pearle Vision Center franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Pearle Vision

Small Business Credit Cards

SBA Approved Banks in Minneapolis, Minnesota

Minnesota SBA 7A Banks