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November 14, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Primrose At Park Crossing Loan | ||||
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Charlotte, North Carolina Bank Loan
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Borrow Money to Buy a Primrose School daycare FranchiseNeed a loan to invest in a Primrose School daycare franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA. If you live near Charlotte, North Carolina and are interested in buying a Primrose School daycare franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Wachovia Sba Lending, Inc.. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower PRIMROSE AT PARK CROSSING SBA Loan Lender WACHOVIA SBA LENDING, INC. This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 9/27/2004 Loan Approval Gross Amount $1,597,000 Loan Approval from the SBA Of the total $1,597,000 loan amount, the SBA guaranteed $1,197,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Primrose School daycare franchise. At the time of the loan, the company had 25 employees. This SBA loan request indicated that the loan would help retain 25 existing jobs. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Primrose School Franchising Company Best Banks in Roseville, California
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