Wachovia Sba Lending, Inc. SBA Loan to Semiconductor And Related Device Manufacturing Company

An SBA loan from Wachovia Sba Lending, Inc. typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Anaheim, California business owner got a $576,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Anaheim, California was able to borrow $576,000 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $432,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: SEMICONDUCTOR AND RELATED DEVICE MANUFACTURING
ANAHEIM, CA 92806

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

334413 - Semiconductor and Related Device Manufacturing

Loan Approval Date

4/10/2003

Loan Approval Gross Amount

$576,000

Loan Approval from the SBA

Of the total $576,000 loan amount, the SBA guaranteed $432,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.

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

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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