Boise (corporate Name Boise Ci, Idaho Business Gets SBA-Guaranteed Funding from Wachovia Sba Lending, Inc.
Wachovia Sba Lending, Inc. is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Idaho entrepreneur who tapped into the power of SBA loans.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Boise (corporate Name Boise Ci, Idaho was able to borrow $991,800 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $743,850 of this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: FABRICATED STRUCTURAL METAL
BOISE (CORPORATE NAME BOISE CI, ID 83716
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.
SIC Code
3441 - Fabricated Structural Metal
NAICS Code
332312 - Fabricated Structural Metal Manufacturing
Loan Approval Date
2/7/2000
Loan Approval Gross Amount
$991,800
Loan Approval from the SBA
Of the total $991,800 loan amount, the SBA guaranteed $743,850.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $991,800 loan. Remember, where there is a will, there is a way!
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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