Entrepreneur Works With Roseville, California Bank to Get an SBA Loan
Thinking about meeting with a Roseville, California bank about a business loan? Here's one New York business loan, issued by a Roseville bank, that was approved by the SBA.
Applying for an SBA loan with Wachovia Sba Lending, Inc. worked out well for our friends at one local firm in Brooklyn, New York. They received an SBA loan for $1,309,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
BROOKLYN, NY 11208
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445110 - Supermarkets and Grocery Stores
Loan Approval Date
7/28/2003
Loan Approval Gross Amount
$1,309,000
Loan Approval from the SBA
Of the total $1,309,000 loan amount, the SBA guaranteed $981,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 13 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
We can help you find the best banks for small businesses in Brooklyn 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:
Business Line of Credit
SBA 7A Banks in Roseville, California
Getting an SBA Loan in California