Boise (corporate Name Boise Ci, ID Entrepreneur Gets SBA Loan to Buy Fastsigns Franchise
Need a loan to buy a Fastsigns franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Fastsigns franchise requires some effort but others before you have been successful. In 2008, Wachovia Sba Lending, Inc. issued an SBA franchise loan to an entrepreneur in Boise (corporate Name Boise Ci, Idaho. Because Fastsigns was registered with the SBA's registry of franchises, this Idaho small business loan was issued on an expedited basis.
SBA Loan Borrower
FASTSIGNS #400101
BOISE (CORPORATE NAME BOISE CI, ID 83709
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
339950 - Sign Manufacturing
Loan Approval Date
2/1/2008
Loan Approval Gross Amount
$542,000
Loan Approval from the SBA
Of the total $542,000 loan amount, the SBA guaranteed $406,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Fastsigns franchise. At the time of the loan, the company
had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
FASTSIGNS
Equity Financing
Where to Get an SBA Loan in Roseville, California
California SBA Bank Lenders