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December 20, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Great Clips Loan | ||||
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Augusta, Georgia Bank Loan
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Augusta, GA Entrepreneur Gets SBA Loan to Buy Great Clips FranchiseNeed a loan to buy a Great Clips franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Great Clips franchise requires some effort but others before you have been successful. In 2003, Wachovia Sba Lending, Inc. issued an SBA franchise loan to an entrepreneur in Augusta, Georgia. Because Great Clips was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis. SBA Loan Borrower GREAT CLIPS SBA Loan Lender WACHOVIA SBA LENDING, INC. 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. NAICS Code 812112 - Beauty Salons Loan Approval Date 12/12/2003 Loan Approval Gross Amount $353,500 Loan Approval from the SBA Of the total $353,500 loan amount, the SBA guaranteed $265,125. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Great Clips franchise. At the time of the loan, the company had 53 employees. The SBA loan documents indicated that the loan would help retain 53 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Augusta 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: Where to Get an SBA Loan in Roseville, California
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