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December 22, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Sioux Falls, Business Loans > Wells Fargo Bank Sioux Falls Business Loans > Computer Related Services Loan | ||||
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SBA Lenders South Dakota
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Entrepreneur Works With Sioux Falls, South Dakota Bank to Get an SBA LoanThinking about meeting with a Sioux Falls, South Dakota bank about an SBA loan? Here's one Wisconsin business loan, issued by a Sioux Falls bank, that was approved by the SBA. Applying for an SBA loan with Wells Fargo Bank worked out well for our friends at one local company in West Bend, Wisconsin. The business was able to get an SBA loan for $130,000. Way to go! SBA Loan Borrower COMPANY TYPE: COMPUTER RELATED SERVICES SBA Loan Lender WELLS FARGO BANK This lender provides SBA debt financing 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 541519 - Computer Related Services Loan Approval Date 1/17/2008 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $110,500. 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 5 employees. The SBA loan documents indicated that the borrowed money would help generate 5 new jobs. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to raise money for a business in West Bend WI, you ought to talk with a local West Bend SBA lender or talk with an out-of-area SBA lender that has previously loaned money to West Bend businesses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Wells Fargo Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Wells Fargo Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Raising VC Money for Social Networking Companies Who Lends Money to Small Businesses in Sioux Falls, South Dakota Getting a Business Loan in South Dakota
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