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November 24, 2024  
 
 
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Loan Census SBA Loan Info

Wachovia Sba Lending, Inc. Provides SBA Loan to Buy Era Realty Franchise

Need money to invest in an Era Realty franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Era Realty franchise? If so, here's a 2002 SBA franchise loan that you should know about. Wachovia Sba Lending, Inc. was the lender and the entrepreneur was based in Aurora, Colorado.

SBA Loan Borrower

ERA MCGILL REALTY
AURORA, CO 80014

SBA Loan Lender

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

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

531210 - Real Estate Agents and Brokers

Loan Approval Date

10/8/2002

Loan Approval Gross Amount

$449,600

Loan Approval from the SBA

Of the total $449,600 loan amount, the SBA guaranteed $337,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Era Realty franchise. At the time of the loan, the company had 14 employees. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 14 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wachovia Sba Lending, Inc. and they will explain how you can get an SBA loan for your company.

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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