Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Vadnais Heights, Minnesota Business Owners

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Ucc Total Home Franchise

Need a loan to buy an Ucc Total Home franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Vadnais Heights, Minnesota and are interested in buying an Ucc Total Home franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Wells Fargo Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

UCC TOTAL HOME OF ST. PAUL
VADNAIS HEIGHTS, MN 55110

SBA Loan Lender

WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

454110 - Electronic Shopping and Mail-Order Houses

Loan Approval Date

9/20/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Ucc Total Home franchise. At the time of the loan, the company had 27 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 19 existing jobs.

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

If you are raising money in Vadnais Heights MN, you ought to talk with a local Vadnais Heights SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Vadnais Heights businesses.

We can help you find the best banks for small businesses in Vadnais Heights 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:

UCC TotalHome

Raising Venture Capital

SBA Banks in Minneapolis, Minnesota

SBA Participating Banks in Minnesota