Small Business Loans for Manufacturing
Looking for small business loans for manufacturing? An SBA loan may be just what you've been looking for. This $1,549,300 manufacturing loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cartersville, Georgia was able to borrow $1,549,300 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $1,161,975 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: MANUFACTURING
CARTERSVILLE, GA 30120
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
339999 - Manufacturing
Loan Approval Date
12/3/2007
Loan Approval Gross Amount
$1,549,300
Loan Approval from the SBA
Of the total $1,549,300 loan amount, the SBA guaranteed $1,161,975.
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 11 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 11 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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 $1,549,300 loan. Remember, feel the fear, and do it anyway.
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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