Loan to Buy Primrose School daycare Franchise Issued By Wachovia Sba Lending, Inc.
Need a loan to purchase a Primrose School daycare franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Charlotte, North Carolina needed money to invest in a Primrose School daycare franchise back in 2004. Wachovia Sba Lending, Inc. issued an SBA franchise loan. Here are the details on this North Carolina small business loan.
SBA Loan Borrower
PRIMROSE SCHOOL AT EASTFIELD V
CHARLOTTE, NC 28269
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This lender provides SBA bank loans 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
9/13/2004
Loan Approval Gross Amount
$335,000
Loan Approval from the SBA
Of the total $335,000 loan amount, the SBA guaranteed $251,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Primrose School daycare franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 25 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Wachovia Sba Lending, Inc. had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Wachovia Sba Lending, Inc. made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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
Famous Venture Capitalists
Small Business Banks in Roseville, California
California SBA 7A Lenders